Intel executives explore potential spinoff of manufacturing unit

Intel's leadership is considering a potential spinoff of its manufacturing business following the recent ousting of CEO Pat Gelsinger. The company's manufacturing operations are already being organized into a separate subsidiary. During a conference, Intel's co-CEOs discussed the possibility of a full separation but did not confirm any plans. They await a decision from the board regarding Gelsinger's replacement. Intel has faced challenges this year, including outsourcing manufacturing to TSMC. The company is under scrutiny due to government support and regulatory considerations as it navigates its future direction.