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Intel Foundry Is Still Struggling to Win Customers

TheMotleyFool 
0 0 15.05.25
Intel Foundry Is Still Struggling to Win CustomersPhoto, wide shot, wide-angle lens, soft focus, Networking equipment supplier, sunset photo at golden hour, photo by Art Wolfe: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-LvyAFCAMshu3rGBke5G5gxuI.png?st=2023-05-10T15%3A37%3A29Z&se=2023-05-10T17%3A37%3A29Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-10T02%3A36%3A27Z&ske=2023-05-11T02%3A36%3A27Z&sks=b&skv=2021-08-06&sig=nXxCmLby4SxAAd/YtNVxZStdXrs9BCydapQDQaR/oac%3D
 

There have been a few high-profile customer wins for 's (NASDAQ: INTC) nascent foundry business and its flagship Intel 18A manufacturing process, including deals with and Amazon to produce future chips. The company has also won some business for its advanced packaging technology, and revenue from this will start to pick up in the second half of 2025.

For the time being, however, almost all foundry revenue is going to be internal as the company struggles to win major commitments from customers.

Image source: Getty Images.

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Source Fool.com

Intel Corp. Stock

€88.62
-2.360%
A loss of -2.360% shows a downward development for Intel Corp..
Our community is currently high on Intel Corp. with 46 Buy predictions and 25 Sell predictions.
On the other hand, the target price of 70 € is below the current price of 88.62 € for Intel Corp., so the potential is actually -21.01%.
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