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Intel’s CEO Charts Bold New Course With Foundry Business Revamp

Strategic Reassessment of Manufacturing Technology

Intel Corp. is poised to undergo a significant transformation in its contract manufacturing strategy, according to sources with insight into the developing plan. In a decisive move, CEO Lip-Bu Tan is considering a strategic pivot that would see the company cease offering its long-established 18A and 18A-P chipmaking technologies to external clients. This approach represents a notable departure from the path set by his predecessor, with potentially steep financial implications.

Revisiting Established Investments

Since assuming the helm in March, Tan has been aggressively streamlining operations and pursuing avenues to reinvigorate the legacy U.S. chipmaker. His recent focus has shifted towards minimizing the emphasis on 18A technology—once a cornerstone manufacturing process developed at great cost—which is now viewed as less competitive compared to evolving industry standards, including rival advancements spearheaded by TSMC. This reorientation comes as industry analysts estimate that discontinuing external sales of the technology could lead to write-offs in the hundreds of millions, if not billions, of dollars.

Competitive Landscape and Future Prospects

Intel’s recalibration of its manufacturing strategy is being viewed in the context of intense global competition. With TSMC’s N2 production timeline on track, Tan’s preliminary approach is to allocate greater resources to the next-generation 14A process—positioning it as a formidable contender against TSMC’s technology. This move is designed to woo high-profile clients such as Apple and Nvidia, who are currently reliant on TSMC for their chip production. The proposed strategy, which includes detailed discussions with Intel’s board in upcoming meetings, underscores the high stakes involved.

Balancing In-House Requirements and External Commitments

Despite a potential strategic shift, Intel is committed to fulfilling existing obligations. The company will continue to use the 18A process for in-house chip production, including its upcoming Panther Lake laptop series slated for 2025. Additionally, limited production for key clients like Amazon and Microsoft will persist, fulfilling urgent contractual deadlines while the 14A process is further refined.

Forward Momentum Amid Market Challenges

Facing unprecedented financial pressures—exemplified by a record unprofitable year in 2024 with an $18.8 billion net loss—Tan’s recalibration strategy reflects not only a commitment to technological innovation but also a calculated effort to restore Intel’s competitive edge. By leveraging decades of industry relationships and expertise, Tan is orchestrating a turnaround that could reinvigorate Intel’s manufacturing prowess, drive significant investments in critical processes, and ultimately realign the company’s market positioning.

As Intel navigates this transformative era, the industry will be watching closely to see whether the pivot to 14A can deliver the competitive advantages necessary to reclaim leadership in the semiconductor industry.

Europe’s Deadly Summer Heat Exposed The Cost Of A Warming Continent

Europe experienced its deadliest summer for heat-related deaths on record in 2026, with an estimated 24,400 excess deaths linked to extreme temperatures across 30 countries. Researchers estimate that human-induced climate change was responsible for around 32,000 of the deaths attributed to heat in the study’s broader analysis, accounting for 65% of the total.

The findings highlight the growing public-health consequences of global warming, largely driven by fossil fuel use, as extreme heat becomes more frequent and severe.

A Summer Of Dangerous Heat

Between June and August, heatwaves pushed temperatures in Western Europe to an average of 2.9°C above the 1991–2020 norm, with some days reaching 12°C above average. Nearly a third of estimated heat-related deaths occurred during a particularly intense heatwave between 17 June and 1 July.

“These numbers are a stark reminder that our hotter, more extreme summers are having an increasingly severe impact on public health,” said Dr Clair Barnes, a researcher at Imperial College London and co-author of the study.

The estimated toll exceeded previous peaks of around 29,000 deaths in summer 2022 and 28,000 in 2003 across the region studied.

How Researchers Estimated The Toll

Researchers modelled the relationship between temperature and mortality across 854 urban areas in the EU, UK, Norway and Switzerland, covering around 40% of the population in the 30 countries studied.

The analysis incorporated temperature records, age, socioeconomic conditions, environmental factors and access to healthcare. By comparing actual temperatures with those expected without human-induced warming, the team estimated the additional deaths attributable to climate change.

Final official mortality figures for summer 2026 are not yet available in many countries, and heat-related deaths are often underreported because their effects can be difficult to identify directly.

Older People Face The Greatest Risk

People aged 85 and over accounted for roughly half of the estimated deaths. However, the impact extended across age groups, with around 800 excess deaths among adults aged 20–44 and approximately 6,000 among people under 65.

Southern Europe experienced the highest mortality burden, reflecting hotter temperatures and other vulnerabilities, including air pollution, limited green space and unequal access to healthcare and heat-alert systems.

Italy, France And Spain Record Highest Toll

Italy recorded an estimated 13,303 heat-related excess deaths, followed by France with 7,268 and Spain with 6,824. Germany recorded around 6,340, while the UK saw an estimated 4,354 deaths.

In the UK, the heat also placed significant pressure on healthcare services. Andrew Hartle, Professor of Practice of Anaesthesia at Imperial College Healthcare, said demand during the summer resembled that of a severe winter virus season.

Cities Urged To Strengthen Heat Protection

Researchers say cities can reduce the risks through climate shelters, external shading and building retrofits, alongside measures to help residents avoid exposure during the hottest hours. Checking on vulnerable people, staying hydrated and following heat alerts are also important.

The researchers stress that adaptation must go hand in hand with reducing fossil fuel use to limit further warming. The findings underline that extreme heat is already a major public-health threat across Europe, with thousands of lives at risk each summer.

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