PALO ALTO, U.S. -- Intel said on Thursday that it will likely expand its production outsourcing of chip products over the next few years as the company reported record annual earnings for 2020.
US chip giant has been in talks to hand more work to Taiwanese chipmaker TSMC
Intel is under pressure to ramp up outsourcing as smaller rivals chip away at its market share. © Reuters
PALO ALTO, U.S. -- Intel said on Thursday that it will likely expand its production outsourcing of chip products over the next few years as the company reported record annual earnings for 2020.