Why Intels Foundry May Be Set For A Comeback

Image for article Why Intels Foundry May Be Set For A Comeback
News Source : Forbes

News Summary

  • Intel stock has declined by over 55% this year and trades at just about $21 per share
  • Part of the sell-off has come due to Intel’s market share losses in the CPU space
  • The bigger issue for Intel has been its foundry business
  • Intel has invested about $25 billion into the business in each of the last two years
LONDON, UNITED KINGDOM NOVEMBER 14 The Intel logo is seen outside a popup store on Oxford Street ... [+] on November 14, 2024 in London, United Kingdom. (Photo by Leon Neal/Getty Images)Getty I [+8181 chars]

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