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 is wooing external chip customers for its 14A process node to justify the high costs involved, and aims for the foundry ...

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 ...

Some of the gross-margin pressure stems from ramping up the foundry business, but Intel has also seen a lot of margin pressure in its CCG and DCAI businesses as well. The company produced $813 ...

Its foundry business, meanwhile ... that would be a year-over-year decline in revenue of about 8%. Due to its struggles, Intel is looking to significantly cut its operating expenses (opex).

Intel shareholders approved a stock reserve plan to attract talent and a $42 million stock award for CEO Lip-Bu Tan, ...