Beleaguered chipmaker Intel has been sued yet again by shareholders over its foundry business, this time in a derivative lawsuit targeting executives and board members. The complaint [PDF], filed in ...

Facing declining revenues—from $79 billion in 2021 to $54 billion in 2023, with a $16.6 billion loss in the third quarter of 2024—in September, Intel announced its plan to spin off its foundry ...

The time for Intel Corp. to shed its foundry business is now. Though former Chief Executive Pat Gelsinger made a persuasive case for U.S.-based advanced semiconductor manufacturing, his vision was ...

The foundry reported a $7 billion operating loss on $18.9 billion in revenue. That being said, a turnaround is well within sight, in our view. Intel’s next-gen 18A fabrication process technology ...

Obeikan Glass Co. announced the start of trial operations at its aluminum casting facility, Saudi Aluminum Casting Foundry, as of today, Dec. 16, according to a statement to Tadawul. The pilot phase ...

They also discussed the future of Intel Foundry and of utilizing manufacturing partners, such as Taiwan Semiconductor (NYSE:TSM). "When we are thinking about Intel products, we are thinking about ...