Wed, December 4, 2024
[ Wed, Dec 04th 2024 ]: Bill Williamson
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Tue, December 3, 2024

Intel should leave the foundry business: Analyst on CEO departure

The video from Yahoo Finance discusses Intel's potential exit from the foundry business, as analyzed by analyst Dan Ives. Intel has been struggling with its foundry operations, facing significant challenges in competing with industry leaders like TSMC and Samsung. Ives points out that Intel's foundry business has been a financial drain, with the company reporting substantial losses. He suggests that Intel might consider strategic alternatives, including possibly exiting the foundry market to focus on its core competencies in chip design and other areas where it can still hold a competitive edge. This move could help Intel reduce costs, streamline operations, and potentially regain some market share in other segments of the semiconductor industry. However, exiting the foundry business would also mean relinquishing control over manufacturing, which could have long-term implications for Intel's technological independence and innovation capabilities.

Read the Full YAHOO!Finance Article at:
[ https://finance.yahoo.com/video/intel-leave-foundry-business-analyst-181821918.html ]