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Intel chief engineering officer to leave the company on August 3

by admin
July 28, 2020
in Gaming
Reading Time:2 mins read
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Intel is bleeding, the value of its shares falls by more than 16% after announcing the delay of 7nm
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Intel has announced that the manager who is in charge of almost all Intel hardware, chief engineering officer Dr. Venkata Renduchintala, will leave the company on August 3.

Murthy Renduchintala 1280x1147 1

Intel has not cited a specific reason for Renduchintala’s departure, but the announcement comes after Intel’s announcement that its next-generation 7nm chips will be delayed until at least 2022.

This is coupled with years of delays in the company’s 10nm processors, which has slowed progress for much of the laptop industry.

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Intel took Renduchintala from Qualcomm in February 2016, putting it in charge of everything from the design, engineering, and manufacturing of Intel’s chips and other hardware products in a single group, Technology, Systems Architecture, and Customers.

That division will now be divided into five different teams, dividing responsibilities for technology development, manufacturing, design engineering, architecture, and supply chain management, with the leaders of each of those groups reporting directly to each other. Intel CEO Bob Swan.

During the latest investor conference, Swan discussed the possibility of Intel abandoning the practice of making its own chips, something it had done for a long time and defended like a fortress even after competitors like AMD outsourced chip production.

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