The company sees a bright future manufacturing low-power chips.
. "80 percent of TSMC's wafers have an ARM processor in them," Pann said. "The fact that our organization, the IFS organization, is embracing ARM at this level, investing in ARM, doing partnerships with ARM, should give you a signpost that we're absolutely serious about playing in this business because if you're not working with ARM, you can't be a foundries provider.
As part of this expansion, Pann added that the company would be focusing more on other low-power chipsets, including, which he said is where the “volumes” are at in the new world of mobile-first computing. After all, the point of Intel opening up its factories to third parties in the first place was to admit that its own efforts in this space hadn’t been as successful as its much-smaller rival.
Intel's decision to invest in Arm comes at a time of tremendous growth in the chip manufacturing industry. Earlier this year, the Biden administration released funding applications for companies to get a piece of
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