{"id":1279253,"date":"2024-02-22T10:10:31","date_gmt":"2024-02-22T04:40:31","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1279253"},"modified":"2024-02-22T10:10:52","modified_gmt":"2024-02-22T04:40:52","slug":"wipro-will-design-intels-latest-processor-wipros-biggest-deal-in-3-years","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/wipro-will-design-intels-latest-processor-wipros-biggest-deal-in-3-years\/","title":{"rendered":"Wipro Will Design Intel’s Latest Processor: Wipro’s Biggest Deal In 3 Years!"},"content":{"rendered":"\n

IT services major Wipro has announced bagging a significant new deal from Intel Foundry, the chip manufacturing division of US semiconductor giant Intel. As part of the collaboration, Wipro engineers will work alongside Intel on designing cutting-edge consumer chips on the ’18A’ process node that powers advanced electronics.<\/p>\n\n\n\n

\"Wipro<\/figure>\n\n\n\n

Wipro Eyes New Revenue Stream in Lucrative Space While deal financials remain undisclosed, industry consultants estimate it to be among Wipro’s largest contract signings in 3 years. It provides Wipro vital access to partake in the $500 billion global semiconductor value chain, as part of its $1 billion ‘ai360’ growth initiative.<\/a><\/p>\n\n\n\n

With custom silicon demand booming, the Intel partnership also offers Wipro opportunities to target startups and other customers with tailored chip solutions leveraging Intel’s manufacturing firepower.<\/p>\n\n\n\n

Wipro to Tap Intel’s Latest Chip Tech Advances<\/strong> The new engagement will see Wipro leverage Intel’s expertise on the company’s sophisticated sub-nanometer ’18A’ fabrication technique to build chips for clients across auto, telecom and industrial segments, including designs for generative AI.<\/p>\n\n\n\n

Set to launch next year, Intel 18A node promises substantial efficiency and performance leaps to power bleeding-edge electronics like autonomous vehicles. By integrating these advances early through the partnership, Wipro eyes bolstering its chip design credentials.<\/p>\n\n\n\n

Boost for Wipro Amid Growth Struggles<\/strong> Significantly, the Intel deal provides a leg-up to Wipro amid growth struggles, with Gartner estimating robust 17% semiconductor industry growth through 2023. In contrast, Wipro stares at up to 4% drop in revenue this fiscal.<\/p>\n\n\n\n

Moreover, with former deals head Stephanie Trautman also quitting end-December, the Intel partnership signals Wipro’s ambitions in lucrative new domains despite ongoing pressures in legacy offerings.<\/p>\n","protected":false},"excerpt":{"rendered":"

IT services major Wipro has announced bagging a significant new deal from Intel Foundry, the chip manufacturing division of US semiconductor giant Intel. As part of the collaboration, Wipro engineers will work alongside Intel on designing cutting-edge consumer chips on the ’18A’ process node that powers advanced electronics. Wipro Eyes New Revenue Stream in Lucrative […]<\/p>\n","protected":false},"author":30,"featured_media":1279258,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[621],"class_list":["post-1279253","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-wipro"],"acf":[],"yoast_head":"\nWipro Will Design Intel's Latest Processor: Wipro's Biggest Deal In 3 Years! - Trak.in - Indian Business of Tech, Mobile & Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/wipro-will-design-intels-latest-processor-wipros-biggest-deal-in-3-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wipro Will Design Intel's Latest Processor: Wipro's Biggest Deal In 3 Years! - Trak.in - Indian Business of Tech, Mobile & Startups\" \/>\n<meta property=\"og:description\" content=\"IT services major Wipro has announced bagging a significant new deal from Intel Foundry, the chip manufacturing division of US semiconductor giant Intel. 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