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, citing plans to shift focus to its “core consumer and information middle portfolio.”
“As a part of this work, now we have determined to wind down the automotive enterprise inside our consumer computing group,” Intel writes within the memo. “We’re dedicated to making sure a easy transition for our prospects.” Intel didn’t instantly reply to The Verge’s request for remark.
Over time, Intel has invested closely in its automotive enterprise, which builds chips that energy a automobile’s infotainment system, instrument clusters, and different controls. Intel’s know-how runs in more than 50 million vehicles, and up till now, it appeared set on increasing its attain. Final 12 months, it announced new AI-enhanced chips for cars that may assist enhance a car’s navigation system and voice assistant. It revealed plans to deliver its Arc GPU to automobiles as nicely.
Intel’s newly appointed CEO, Lip-Bu Tan, said in April that the company would want to “scale 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 nicely, according to The Oregonian, and a latest WARN (Employee Adjustment and Retraining Notification) discover in California suggests layoffs impacting 107 workers at its Santa Clara headquarters.