Intel: No Pain, No Gain, Uncertain Turnaround Ahead
robynmac We previously covered Intel (NASDAQ:INTC) in April 2024, discussing its underwhelming Foundry prospects after the release of its new segment reporting, as the IDM 2.0 brought forth the uncertain cash burn and drag on its overall profitability. This was on top of its delayed node roadmap compared to its foundry peer, signaling Intel Foundry's uncertain prospects due to its nascency. While we were optimistic about the stock's US-made sentiments, it remained to be seen when its foundry segment wou ...