David Zinsner thinks that Intel can outdo its competitors in chip manufacturing in terms of both technological and cost advantages.
According to Zinsner, Intel’s vertical integration will help keep costs down, allowing the company to maintain prices low.
Customer involvement can indicate whether they trust Intel’s technology, Zinsner says. Zinsner claims that seven of the world’s ten biggest factory-less customers have been involved in negotiations with Intel at one time or another. Intel’s administration will divulge the other firms once it makes progress in this area.
MediaTek is just one of them, and Intel’s management will disclose the others as soon as progress is made.
$30 billion investment
David Zinsner is certain that Intel can outperform the competition in terms of both technology and cost. Zinsner believes that Intel’s vertical integration will help reduce the cost of Intel products as well as enhance its technological capacity. Zinsner suggests that customer engagement can reveal Intel’s technology capabilities. Intel’s management believes that seven of the ten biggest non-factory customers are already engaged in discussions with Intel.
When the talks are finished, the management will make known the names of the other firms. MediaTek is one of the companies interested in this process, and Intel’s management will be prepared to disclose the names of the others once the procedure goes further.
In August, Intel and Brookfield Asset Management declared that they had signed an agreement to co-invest in new chip factories in Arizona. The $30 billion investment would be split evenly between the parties. This week, Intel’s finance chief said that future collaborations would be conducted in the same manner and that subsidies would enable businesses to reach the same cost level as their Asian rivals.
Management will maintain the majority of votes on this investment program, and a financial partner will minimize the adverse effects of their cash flow fluctuations, according to David Zinsner, Intel Corporation’s Chief Financial Officer. Zinsner predicted that future collaborations would follow this one. Financial advisers are already seeking new ideas to bring to Intel’s management team, as Zinsner noted. It is already clear that there is a lot of interest in this area, he said.
New funding sources
It’s good news that Intel can seek out new funding sources, says Zinsner. He also thinks that the firm is innovative in addition to being technologically advanced. Because the company’s upcoming investment program will be too large to be exclusively funded by its traditional sources, it is encouraging.
The finance director at Intel is aware of the expense difference between establishing businesses in Asia and the United States.
Because of incentives provided to investors by local authorities, business development is cheaper in Asia than it is in the United States. In the United States, certain projects are significantly more costly than in Asia. Because of the ‘Chip Act,’ which allowed Intel to build businesses in the United States at the same cost as those in Asia, Intel CEO Patrick Gelsinger praised it for its lobbying efforts with the US government in passing the law.
His colleague said that, even with subsidies and tax breaks, Intel’s manufacturing base expansion will require large investments in the coming years.
Outperforming the competition
According to David Zinsner, Intel can achieve technological and cost advantages in chip manufacturing compared to its competitors.
Zinsner believes that maintaining costs down will allow Intel to keep prices low. According to Zinsner, customer engagement can reveal whether they trust Intel’s technology.
According to Zinsner, seven of the world’s 10 largest factory-less firms have been involved in negotiations with Intel at one time or another.
Management at Intel will announce the names of the other firms once progress is made in this area. Intel will disclose the other firms as soon as management makes progress. MediaTek is just one of them, and Intel’s management will be able to disclose the others as soon as progress is made.