How Intel’s internal foundry model is causing ‘problems’ for company - Qoneqt
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    Shaikh Kaif in News

    18 Jun 08:56 AM


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    How Intel’s internal foundry model is causing ‘problems’ for company

    Levi & Korsinsky files a class action lawsuit against Intel for misrepresenting Intel Foundry Services financial results in January 2023, as seen by Tom’s Hardware. Investor concerns rise due to Intel outsourcing chip production to TSMC. Intel CEO Pat Gelsinger addresses the companys efforts to regain the top chipmaker spot. Intel faces stock value shrink by one-third in 2024.