Intel Considers Options Such as a Foundry Split; Shares Soar

  • Once-dominant chipmaker looks to longtime bankers for help
  • Possible moves could include scrapping some factory projects
WATCH: Bloomberg has learned that Intel is working with bankers to help navigate the most difficult period in its history. Annabelle Droulers reports.Source: Bloomberg

Intel Corp. is working with investment bankers to help navigate the most difficult period in its 56-year history, according to people familiar with the matter.

The company is discussing various scenarios, including a split of its product-design and manufacturing businesses, as well as which factory projects might potentially be scrapped, said the people, who asked not to be identified because the deliberations are private.