Intel is shutting down its enterprise devoted to creating processors for automobiles. In a memo seen by The Oregonian, Intel tells staff that it plans to put off “most” workers within the division.
“As we’ve got mentioned beforehand, we’re refocusing on our core consumer and knowledge heart portfolio to strengthen our product choices and meet the wants of our prospects,” Intel spokesperson Sophie Metzger mentioned in a press release to The Verge. “As a part of this work, we’ve got determined to wind down the automotive enterprise inside our consumer computing group. We’re dedicated to making sure a clean transition for our prospects.”
Through the years, Intel has invested closely in its automotive enterprise, which builds chips that energy a automotive’s infotainment system, instrument clusters, and different controls. Intel’s expertise runs in additional than 50 million automobiles, and up till now, it appeared set on increasing its attain. Final yr, it introduced new AI-enhanced chips for automobiles that can assist enhance a car’s navigation system and voice assistant. It revealed plans to convey its Arc GPU to automobiles as effectively.
Intel’s newly appointed CEO, Lip-Bu Tan, mentioned in April that the corporate would wish to “cut back the dimensions” of its workforce within the second quarter of 2025 as a part of plans to get the chipmaker again on observe. The corporate additionally knowledgeable workers of layoffs coming to its foundry enterprise as effectively, in accordance with The Oregonian, and a latest WARN (Employee Adjustment and Retraining Notification) discover in California suggests layoffs impacting 107 workers at its Santa Clara headquarters.
Replace, June twenty sixth: Added a press release from Intel.
