With an Intel recovery underway, all eyes turn to its foundry business and what it means for the company’s future.
Matilda
Intel Recovery Puts Foundry Future in Focus
With an Intel Recovery Underway, All Eyes Turn to Its Foundry Business Intel’s latest earnings have reignited optimism across Wall Street, signaling a potential turnaround for the once-struggling semiconductor giant. With an Intel recovery underway, all eyes turn to its foundry business , the segment that could determine whether this rebound is sustainable—or short-lived. Image : Google After months of layoffs, cost-cutting, and major investments, Intel’s third-quarter earnings beat expectations, fueled by a stronger balance sheet and renewed investor confidence. CEO Lip-Bu Tan’s bold financial strategy appears to be paying off, but the question remains: can Intel’s foundry operations catch up to global leaders like TSMC and Samsung? Intel’s Financial Rebound Sparks Confidence Intel posted a $4.1 billion net income this quarter, a stunning reversal from its $16.6 billion loss a year ago. Revenue also climbed to $13.7 billion, up from $12.9 billion last quarter. The results sent Intel’s stoc…
