2024-04-07 21:29:31 ET
Summary
- Intel has released an updated corporate structure and roadmap, aiming to become the second-largest foundry by capacity by 2030.
- The company plans to segment its Intel Foundry operations into a separate legal entity to attract third-party customers. I believe this may be a bigger challenge than management anticipates.
- Intel will need to prove its ability to meet deadlines with the release and ramp-up of 18A.
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Intel's Turnaround Is A Long Shot That May Not Pan Out