Advertisement
UK markets close in 4 hours 51 minutes
  • FTSE 100

    8,090.09
    +45.28 (+0.56%)
     
  • FTSE 250

    19,802.10
    +2.38 (+0.01%)
     
  • AIM

    755.02
    +0.15 (+0.02%)
     
  • GBP/EUR

    1.1634
    +0.0006 (+0.05%)
     
  • GBP/USD

    1.2437
    -0.0016 (-0.13%)
     
  • Bitcoin GBP

    53,391.97
    +80.85 (+0.15%)
     
  • CMC Crypto 200

    1,432.72
    +8.62 (+0.60%)
     
  • S&P 500

    5,070.55
    +59.95 (+1.20%)
     
  • DOW

    38,503.69
    +263.71 (+0.69%)
     
  • CRUDE OIL

    83.02
    -0.34 (-0.41%)
     
  • GOLD FUTURES

    2,330.30
    -11.80 (-0.50%)
     
  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     
  • HANG SENG

    17,201.27
    +372.34 (+2.21%)
     
  • DAX

    18,193.80
    +56.15 (+0.31%)
     
  • CAC 40

    8,141.65
    +35.87 (+0.44%)
     

Intel hires former GlobalFoundries, IBM chip executive

FILE PHOTO: Computer chip maker Intel's logo is shown on a gaming computer display during the opening day of E3, the annual video games expo revealing the latest in gaming software and hardware in Los Angeles

By Stephen Nellis

(Reuters) - Intel Corp <INTC.O> has hired Gary Patton, who was chief technology officer at semiconductor maker GlobalFoundries, according to an internal Intel memo seen by Reuters on Wednesday.

Patton previously spent more than a decade in the chip unit at International Business Machines Corp <IBM.N>.

Intel, which was known in Silicon Valley for promoting heavily from within, has lured several notable executives from competitors.

These include Jim Keller, who oversees the company's computing chip architectures, and Raja Koduri, who is overseeing graphics chips. Both came from rival Advanced Micro Devices Inc <AMD.O>. Intel also hired Chief Engineering Officer Murthy Renduchintala from Qualcomm Inc <QCOM.O>.

ADVERTISEMENT

Patton will join Intel as corporate vice president and general manager of design enablement. He will report to Mike Mayberry, Intel's chief technology officer.

Patton is known in the industry for his ability to translate research and development into practice inside chip factories. Eight years of his decade at IBM was spent overseeing the company's 1,600-person semiconductor research and development team, according to his LinkedIn profile.

Intel spokesman Will Moss confirmed the authenticity of the memo but declined to comment beyond it. Patton declined to comment beyond Intel's internal memo. A GlobalFoundries spokeswoman confirmed that Patton had left the company last week but declined to comment further.

(Reporting by Stephen Nellis in San Francisco; Editing by Cynthia Osterman and Lisa Shumaker)