Intel closed the day up 6.4% following an announcement that the firm would spin off its foundry business into a new entity ...

Intel is cutting its foundry business loose from the parent company. Intel Foundry will soon be an independent business ...

Intel's long-term outlook, revealed by JPM analyst, shows no major changes until 2027. Intel's foundry business will remain ...

Intel Corp. says it will spin off its chip fabrication business as part of its ongoing plan to put the brakes on a yearslong decline, stem billions of dollars in losses, and prop up its tumbling ...

Intel will spin off its chipmaking division into a separate entity, revealed CEO Pat Gelsinger in a press release. The new Intel Foundry business will remain a subsidiary of the American company ...

Intel has announced a key customer win and changes to its foundry business as the beleaguered chipmaker looks to execute a ...

That article can read here. Intel management seems to have agreed and, instead of a spin-off, it appears they have opted for more of a "spin-in", though the current plan certainly seems to open ...

Intel is spinning off its chipmaking business as part of its plans to reverse billions in losses and a tumbling stock price. In an announcement on Monday, Intel CEO Pat Gelsinger said the Intel ...

Shares surge Wall Street's cocaine nose jobs finally agreed with Intel CEO Pat Gelsinger after he spun off the company’s ...