Intel Corporation to Participate in Upcoming Investor Conference

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Analyst doubts Intel's (INTC) foundry business will make money

February 22, 2024 11:30 AM EST

Intel (NASDAQ: INTC) Foundry held its IFS Direct Connect on Wednesday, introducing Microsoft as a foundry customer and providing details on its manufacturing roadmap beyond 2025.

Reacting to the event, Citi analysts said Intel reiterated that its internal manufacturing roadmap is on track.... More