Intel Chief Engineer Departs After Product Delay
July 27 2020 - 5:23PM
Dow Jones News
By Asa Fitch
Intel Corp. said its chief engineering officer was leaving the
company days after the semiconductor maker surprised investors by
disclosing delays on its newest processor design.
The executive, Venkata "Murthy" Renduchintala, had played a
leading role in the company's bid to scale down the size of its
transistors and compete with the likes of Taiwan Semiconductor
Manufacturing Co. and Samsung Electronics Co. Intel said Mr.
Renduchintala, who joined the company in 2015 from Qualcomm Inc.,
would leave Aug. 3.
Intel has stumbled with development of some of its newest
processors. Two years ago, it encountered delays in bringing its
10-nanometer technology to market. On Thursday, Intel shares
plummeted after it said that its move to 7-nanometer chips was
delayed by a year from its initial schedule. Chips that use smaller
transistors can run more efficiently and use up less physical
space.
Mr. Renduchintala couldn't immediately be reached for
comment.
The move follows the departure in June of another high-ranking
Intel engineer, Jim Keller, who left citing unspecified personal
reasons. Mr. Keller is a star chip architect -- a designer of the
structure of chips that plays a major role in how well they
perform. Prior to his two-year stint at Intel, he had worked at
Apple Inc., Tesla Inc. and Advanced Micro Devices Inc.
Write to Asa Fitch at asa.fitch@wsj.com
(END) Dow Jones Newswires
July 27, 2020 18:08 ET (22:08 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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