Intel extends comeback as investors bet on foundry growth
The stock is up 31% to start 2026, the third-best performance in the S&P 500 Index Intel’s dramatic rally to start the year shows investors are increasingly optimistic about the chipmaker…
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foundry
Intel CEO Tan Lip-Bu pledges to ‘refocus’ chip giant on AI, foundry
Intel chief executive officer Tan Lip-Bu said he is working to “refocus” the beleaguered chip company on engineering after its struggles with complacency and mismanagement. The executive,…
Intel slumps as potential foundry exit deepens investor gloom
Intel shares sank 8 per cent on Friday (Jul 25) after the company warned of exiting chip manufacturing if it fails to secure a major customer, a potentially drastic move by the new CEO to…
OpenAI builds first chip with Broadcom and TSMC, scales back foundry ambition
OPENAI is working with Broadcom and Taiwan Semiconductor Manufacturing Company (TSMC) to build its first in-house chip designed to support its artificial intelligence (AI) systems while…
Samsung Electronics not interested in spinning off foundry business
Samsung Electronics is not interested in spinning off its contract chip manufacturing business as well as its logic chip designing operation, its chairperson Jay Y Lee told Reuters on…