- Intel Corp., a major employer in Arizona, is considering splitting its company after recent financial struggles, according to news reports.
- The Wall Street Journal reports that Intel may sell its manufacturing facilities to TSMC and its chip-design business to Broadcom.
- TSMC, an Intel competitor, has a growing presence in Arizona with a massive chip manufacturing facility in north Phoenix.
Intel Corp., long one of Arizona’s technology juggernauts with about 12,000 workers in the state, could face a vastly different future because of its recent financial struggles.
The storied Silicon Valley semiconductor company, with operations in Chandler, might be split in two, according to a Wall Street Journal report Feb. 15 that cited unnamed sources.
Need a break? Play the USA TODAY Daily Crossword Puzzle.
