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There have been a few high-profile customer wins for Intel's (NASDAQ: INTC) nascent foundry business and its flagship Intel ...
At a recent investor conference, Intel Chief Financial Officer David Zinsner stated that he expects the company's foundry ...
Intel's struggles have been going on for ... The fabs were separated off into a business unit now known as Intel Foundry, with the remit of being a going concern in their own right.
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).
Also, noteworthy is that Intel's PC business is performing fairly well. Still, the struggles of the company's Data Center/AI unit are worrisome. However, the chipmaker does have multiple ...
However, U.S. District Judge Trina Thompson ruled that shareholders had incorrectly linked the loss to the foundry business and that Intel had ... Financial struggles have forced the company ...
Intel is working on revamping its foundry business, Intel Foundry, by purchasing advanced machinery to manufacture ...
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 ...