Intel's Foundry Woes: Sell Signal or Silver Lining Ahead?

Key PointsIntel's shares plunged after it reported a $7 billion operating loss in 2023 for its semiconductor manufacturing division, marking a significant downturn in its once-bullish trend.CEO Pat Gelsinger forecasts a turnaround by 2027 despite past missteps, aiming to reduce outsourcing and invest $100 billion in chip factories across the U.S.Institutional inflows into Intel remain impressive, with investments totaling $22.72 billion over the past twelve months, signaling continued confidence from sophis ...