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

ReferIndia News

Mumbai’s Trusted Investment Experts

24+ years of financial planning, portfolio management & wealth growth.

Learn More
News Image

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.

Checkout more news
Ad Banner

Looking for the best restaurant in Malad?

Come experience unforgettable flavors at Jayraj Restobar!

Check Now
ReferIndia News contact