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EconomyIntel’s foundry push faces a crucial test after shares plunged 45% in October

Intel’s turnaround now depends on showing that its foundry strategy can work. Customers are watching for signs that the company will expand fab capacity and catch up with TSMC.

Intelchip manufacturingfoundry businessstock

CCNBC★★☆☆☆2026-11-02 20:07Original

Intel’s foundry push faces a crucial test after shares plunged 45% in October
Intel’s foundry push faces a crucial test after shares plunged 45% in OctoberEconomy