With deteriorating margins and no definitive bottom in sight, is Intel destined to serve as a glorified tax offset for the next few years? This indeed appears to be the case, as per the subtextual gist of a new investment note from Bernstein. Intel’s Foundry Strategy Intel detailed its foundry strategy at a dedicated event earlier this week, highlighting a potential path to regaining the edge in chip manufacturing that currently resides with TSMC. Intel’s foundry unit intends to improve its margins and win back lost orders by focusing on areas such as chip expedites and test times. TSMC is […]
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