ReferIndia News Intel's Foundry Future in Jeopardy Amidst Strategic Shift

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Intel's Foundry Future in Jeopardy Amidst Strategic Shift

Published on: July 25, 2025, 3:12 p.m. | Source: Devdiscourse

Intel experienced a 5% drop in premarket trading after revealing potential quarterly losses and indicating a possible withdrawal from its foundry business. Despite a strategic revamp by new CEO Lip-Bu Tan, concerns remain about the viability of its advanced manufacturing processes and competitive position against Nvidia and AMD.

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