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

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 ...

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

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

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

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).