Why Intel's Foundry May Be Set For A Comeback

LONDON, UNITED KINGDOM - NOVEMBER 14: The Intel logo is seen outside a pop-up store on Oxford Street ... [+] on November 14, 2024 in London, United Kingdom. (Photo by Leon Neal/Getty Images)Getty ImagesIntel stock has declined by over 55% this year and trades at just about $21 per share. While part of the sell-off has come due to Intel’s market share losses in the CPU space and the broader industry pivot toward AI-focused GPU chips for data centers, the bigger issue for Intel has been its foundry business. ...