TECH - Intel Outlines Future in Foundry and Process Leadership Analyst Sees Steady Performance | Benzinga
Oppenheimer analyst Rick Schafer had a Perform rating on Intel Corp (NASDAQ:INTC).
The analyst noted Intel hosted Intel Foundry Direct Connect Wednesday, sharing details on management’s rebranding and updates to the Foundry services roadmap.
CEO Pat Gelsinger highlighted two distinct business units, Intel Products, covering traditional product lines for clients, data center and networking, and Intel Foundry for internal/external fabrication services.
Also Read: Is Intel A Sleeping Giant Or Stuck In Neutral? Analyst’s Latest Take Sheds New Light
The analyst noted that Intel’s success as a contract manufacturer is mainly limited to advanced packaging, as the company has yet to succeed in delivering five nodes in four years.
Intel 4 is shipping in volume, ...