Intel's Foundry Pivot Deepens With Apple Talks And New U.S. Stake [Yahoo! Finance]
Intel Corporation (INTC)
Last intel corporation earnings: 4/23 04:07 pm
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Source: Yahoo! Finance
Intel (NasdaqGS:INTC) is in discussions with Apple and Nvidia about using its U.S. foundry network for chip manufacturing and advanced packaging, as part of a broader supply chain diversification away from TSMC. The U.S. government has taken a direct ownership stake in Intel, marking an unusual level of federal involvement in a major semiconductor company. Both developments highlight Intel's push to expand its foundry business and reinforce its role in U.S. chip production policy. For you as an investor, these moves sit at the intersection of technology, manufacturing and policy. Intel, long known for its x86 processors and PC/server chips, is working to reposition itself as a contract manufacturer for other major chip designers. At the same time, governments are treating chip production as critical infrastructure, which is pulling Intel closer to public policy objectives. Potential manufacturing work for Apple and Nvidia, if it materializes, would signal growing customer int
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