The Intel Business Growing 50% That Nobody's Talking About
Intel's custom chip business is taking off.In September of 2025, Intel (INTC 5.45%) created a new group to handle custom chip design for external customers. The Central Engineering Group, led by a Cadence Design Systems veteran Srini Iyengar, formalized the company's efforts to break into the custom silicon market.While Intel's fourth-quarter results and guidance fell short of expectations, sending the stock tumbling on Friday morning, there was plenty of good news for investors to chew on. The success of t ...