Intel Foundry Push Faces Critical Test After Stock's 45% Plunge in October

Intel foundry push faces critical test after stock's 45% plunge in October

Intel’s turnaround now hinges on proving its foundry strategy can deliver, as customers look for signs the company will add fab capacity and catch TSMC

Intel Shares Fall 45% in October After Weak Quarterly Outlook

Intel expects quarterly revenue to miss analyst forecasts by $1 billion to $2 billion as it redirects some Oregon capacity toward server CPUs.