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CEO Lip-Bu Tan could shed the $5.8 billion NEX division as the chipmaker refocuses on its traditional strongholds.
While Intel's own products will generate the bulk of its foundry revenue for now, the bar to reach foundry profitability ...
Intel’s foundry unit posted a $2.3B operating loss in Q1 FY 2025 despite 8% QoQ revenue growth to $4.7B. Click here to find ...
There have been a few high-profile customer wins for Intel's (NASDAQ: INTC) nascent foundry business and its flagship ... to be internal as the company struggles to win major commitments from ...
Intel shareholders approved a stock reserve plan to attract talent and a $42 million stock award for CEO Lip-Bu Tan, ...
Bloomberg reports that Samsung foundries have the capacity to make 20 million SOCs for Nintendo's Switch 2 console by March 2026.
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MarketBeat on MSNIntel Refocuses: NEX Sale and Foundry Pivot Signal New EraRecent developments at Intel Corporation (NASDAQ: INTC) suggest a quickening pace in its strategic overhaul under new CEO Lip ...
At a recent investor conference, Intel Chief Financial Officer David Zinsner stated that he expects the company's foundry ...
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ExtremeTech on MSNIntel Foundry Waits for More, Bigger OrdersBu Tan returned to take the reins at Intel, the company was betting big on its upcoming 18A node. The first sub-2nm process ...
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