At a recent investor conference, Intel Chief Financial Officer David Zinsner stated that he expects the company's foundry ...

CEO Lip-Bu Tan could shed the $5.8 billion NEX division as the chipmaker refocuses on its traditional strongholds.

There have been a few high-profile customer wins for Intel's (NASDAQ: INTC) nascent foundry business and its flagship Intel ...

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 ...

Ailing chip giant targets 2027 break-even as costly EUV tools raise stakes Intel is wooing external chip customers for its ...

Intel is working on revamping its foundry business, Intel Foundry, by purchasing advanced machinery to manufacture ...

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).

Most foundry revenue will remain internal as the company struggles to ... the foundry business would reach breakeven. Not all that revenue needs to come from Intel 18A or Intel 14A.

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 ...