Intel closes automotive chip business
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Intel is to close its automotive chip business in the next couple of weeks.
The company has emailed staff at its Oregon site as part of staff layoffs planned for July 15th. The layoffs, which could impact as many as 10,000 staff, aim to save $1.5bn as part of plans announced in April by new CEO Lip-Bu Tan.
“As we have said previously, we are refocusing on our core client and data centre portfolio to strengthen our product offerings and meet the needs of our customers,” said the company. “As part of this work, we have decided to wind down the automotive business within our client computing group. We are committed to ensuring a smooth transition for our customers.”
The automotive business, part of the client computing group, is based around the acquisition of Silicon Mobility in March 2024, just over a year ago, and Intel has since added a discrete version of the Arc GPU for cockpit displays and in-car AI.
- Intel launches integrated EV chip
- Intel moves to chiplets for automotive AI
- First dedicated GPU for automotive
This is separate from Intel’s 88% stake in ADAS and self-driving controller chip designer Mobileye, which was spun out as a separate company in 2022. Intel says that 50m cars use its chips, but these are mainly general purpose processors.
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