Intel Foundry Is Still Struggling to Win Customers
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.
Source Fool.com
Intel Corp. Stock
€53.37
-3.700%
With 22 Buy predictions and 23 Sell predictions the community is currently undecided on Intel Corp..
The target price of 25 € compared with the current price of 53.37 € for the stock indicates a negative potential of -53.16%.
