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Intel stock drops as foundry capacity buildout plans have one analyst predicting a company split

Por: MarketWatch Politics June 21, 2023

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In a note Tuesday, UBS analyst Timothy Arcuri said he on its product roadmap and customer adoption of its foundry services business, or IFS, on Wednesday. Intel confirmed that it was building new foundry capacity in Germany, Poland and Israel. From last week: “We have long argued that if Intel is truly going to pursue an external foundry model — which at this point would be hard to backpedal from given its pending acceptance of significant... + full article



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