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Intel turns foundry business into subsidiary
Intel's Foundry Finally Has Some Good News. Has the Chipmaker Learned Its Lesson?
The Intel bulls have been a bit desperate for some good news to counter all the negativity for some time now. They recently got some in the form of two new announcements about Intel's foundry division. The news sparked a 9.2% jump in the stock price over two days (Sept. 16-17).
Intel is separating its ailing foundry business from the main company
Intel is turning its foundry business, which manufactures chips for other companies, into an independent subsidiary. The company has revealed its plan in a note to employees from its CEO Pat Gelsinger,
Intel foundry business to make custom chip for Amazon, chipmaker's shares jump
Amazon's AWS cloud computing division already designs several chips for use in its data centers and has hired Intel to package at least one version.
Digi Times
1h
Intel Foundry splits into independent entity with own board; effectiveness remains uncertain
Intel CEO Pat Gelsinger has sent another internal memo to employees six weeks after the previous one. The theme this time is ...
2d
Intel Drops A Foundry Bombshell: It's Time To Buy
Intel's design win with Amazon and plans to spin off its foundry division show promise for investors. Click here to read my ...
Network World
21h
Intel strikes foundry deal with AWS
We have tripled our deal pipeline since the beginning of the year,” CEO Pat Gelsinger said of Intel Foundry’s business in a ...
3d
on MSN
Intel’s stock could register biggest two-day gain in 22 years on upbeat foundry moves
Semiconductor stocks are weak on Monday, but Intel Corp. shares are a rare bright spot.
56m
Intel: A Perfect Example Of Why 'Cheap' Doesn't Always Mean 'Buy'
Intel appears extremely cheap, trading below book value, but lacks the necessary catalysts to justify an investment. See why ...
2d
on MSN
Intel's Amazon chip deal lifts investor confidence in money-losing foundry unit
Intel shares jumped 7% before the bell on Tuesday, as a chip-making deal with Amazon's cloud business provided a major stamp ...
Digi Times
1d
Intel Foundry spinoff improbable: 3 lessons from supply chain industry
Intel CEO Pat Gelsinger has unveiled the company's first major transformation strategy in over four decades, including the ...
1d
Samsung under pressure after Intel's foundry spin-off: analysts
Intel, once the world’s leader in both designing and supplying advanced chips, has decided to spin off its chip manufacturing ...
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