Intel's Foundry Finally Has Some Good News. Has the Chipmaker Learned Its Lesson?
Intel(INTC) The Motley Fool·2024-09-19 01:04
The stock is moving higher, but can the momentum last?Intel's (INTC -2.19%) stock price collapse at the start of August on news out of its earnings report wasn't a big surprise. The chipmaker had fallen behind after years of operating a money-losing foundry business, while fabless rivals, like Advanced Micro Devices, have gained market share.Intel has long dominated the PC processor business, but a cultural aversion to risk-taking prevented the company from extending that leading position into other areas. ...