Intel: Foundry In America Matters

JHVEPhoto/iStock Editorial via Getty Images Introduction Intel's (NASDAQ:INTC) stock saw a significant decline in the past few weeks following a financial report on Intel Foundry Services, IFS. The IFS saw a greater-than-expected net loss from operation, with an expectation for the magnitude of the loss to increase in 2024 to reach a trough. As it was the case that IFS was a core part of Intel's turnaround efforts, a disappointing report caused the company's stock to dip. Despite Intel seeing greater th ...