The tech giant is spending more than $5bn on a “graphics processor” that will not be released until 2022 and is unlikely to make it into any mainstream smartphones or the future of wearables, according to people familiar with the matter.
In a bid to drive more innovation and keep its core business growing, Intel is building a new processor that will be designed to run on a host of high-end graphics chips, the people said, asking not to be identified because the project is private.
The company has not yet disclosed details of the new chip, which will be made by TSMC.
TSMC, which is based in China, makes the graphics chips that power Intel’s Xeon processors.
TSM is known for its chip designs, which include chips that were designed to power Intel Xeon processors but have since been superseded by more powerful processors.
Intel, which has about 2,000 employees in the U.S., is spending a record $5.3 billion on the chip, according an estimate by Bloomberg Intelligence, which tracks corporate spending.
TSMBs chip has a similar name to Intel’s Xeons, the most powerful processor in Intel’s desktop Xeon line, which it launched in 2005.
TSMI has a $1 billion acquisition of TSMC in 2016.
Intel’s new processor will use new chip technology that uses a “multiprocessor architecture,” which means it will be run by multiple processor cores and other processor-like components, according the people.
The new chip will use an architecture called “Virtio,” which is designed to be a single processor in a cluster.
TSMEs VPro chip uses a cluster architecture.
Intel is building an x86 chip called the Xeon Phi.
Intel is also building chips based on chips that are made by AMD, which are based on its Zen microarchitecture.
Both AMD and TSMC are developing chips that support the Zen architecture, but Intel has not said how it will support the chip when it is released.
TSMM and TSME are also developing chips based around the Zen microprocessor.
Intel has a long history of building graphics chips.
The company’s main products include the Pentium, the Core i5 and Xeon Phi chips.
Intel also uses a host, or “vast majority” of its chip manufacturing operations.
The chips used in these products are designed to take advantage of the processor’s cores and instructions, the companies say.
Intel also has a large chip business in consumer chips.
It sells chips for smartphones, tablets and desktops, as well as the likes of the MacBook Air and Dell XPS laptops.
The $5billion chip is the latest of a series of major chip purchases Intel has made over the past few years.
Intel last year announced that it was acquiring a chip company, Embedded Micro Devices, for $17 billion.
That acquisition, which closed in December, included a $3.6 billion chip business.
Intel had already bought chips maker Altera, which was founded in 2013 by former Microsoft employee Tony Fadell.