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Intel's (INTC +1.9%) chip foundry business has reeled in Cisco (CSCO -0.1%) as a customer,...

Intel's (INTC +1.9%) chip foundry business has reeled in Cisco (CSCO -0.1%) as a customer, sources tell Bloomberg ahead of the chip giant's Q4 report. If true, the deal would easily be the largest thus far for Intel's foundry ops, which are trying to leverage the company's manufacturing process edge to gain ground against the likes of TSM, UMC, and Samsung. Cisco's switches and routers depend heavily on custom ASICs produced by foundries. Piper reported of an Intel-Cisco tie-up in September.
Comments (2)
  • Hopefully we'll hear something in today's CC after earnings.
    17 Jan 2013, 02:25 PM Reply Like
  • I haven't heard anything specifically about Cisco (though I could've missed it) but the tone is implying they're very serious about foundry with select partners, only where they're not competing in the market. They did mention programmable logic as one area.
    17 Jan 2013, 05:40 PM Reply Like
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