Randhir Thakur (pictured), who runs Intel‘s new contract manufacturing business, Intel Foundry Services (IFS), said he is stepping down from the position next quarter.
IFS got a boost when Intel this year agreed to buy Israel-based Tower Semiconductor for $5.4 billion.
Analyst Patrick Moorhead told Channel Futures that he expects Tower CEO Russell Ellwanger to replace Thakur.
Learn more about the transition at Intel.
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