Intel Corp Chief Executive Officer Bob Swan said on Wednesday the chipmaker would produce and launch its 7 nanometer (nm) chip products in 2021.
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The company has struggled with delays on its 10nm chip making technology, losing its lead in making the smallest chip features to rival Taiwan Semiconductor Manufacturing Co Ltd (TSMC).
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Intel plans to launch 10nm chips for high-end personal computers later this year, and for servers early next year.
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