Intel's Make-or-Break Foundry Moment Arrives This Year
's (NASDAQ: INTC) foundry strategy until recently could be summed up as "if you build it, they will come." The company poured capital into manufacturing facilities and raced to bring new manufacturing processes into production. The Intel 18A process, the culmination of the company's original foundry roadmap, is now churning out Panther Lake CPUs for Intel's PC products group.
Image source: Intel.
What Intel 18A is not doing right now is producing meaningful volumes of chips for external customers. Intel has signed a handful of deals over the past couple of years, including a pact with in 2024 to manufacture an unnamed custom chip on the Intel 18A process, and an agreement to make AI fabric chips on the same process for Amazon. The scope and timing of those deals are unknown. What is known is that essentially all of Intel's foundry revenue remains internal.
Source Fool.com
Intel Corp. Stock
Our community is currently high on Intel Corp. with 47 Buy predictions and 25 Sell predictions.
On the other hand, the target price of 75 € is below the current price of 83.54 € for Intel Corp., so the potential is actually -10.22%.
