Intel Stock Surges 6%. CEO Tan Expects Commitments from Several Foundry Customers in the Second Half of the Year. Race to Catch Up with TSMC Has Begun!
Reading Time: 3 minutes
The US chip manufacturer Intel reports a monthly increase in production yield of 7% to 8% for the groundbreaking 18A process, exceeding its own expectations. CEO Tan expects commitments from several foundry customers in the second half of the year. The improving yield positions Intel as an alternative to TSMC. Intel shares rise by 6%! Over 90% of the most advanced processors are manufactured abroad. It is important for Intel to bring some of that back. The foundry business could take off in the long term. Breakthroughs in the 18A...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
