Intel Aims to win Broadcom and NVIDIA as Foundry Customers. These two Important Events are Likely to Highlight the Future Strategy!
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Intel (i) (INTC) has been identified as one of the few top comeback stories in the US tech sector in our US model portfolio, following the announcement of the CEO transition to Lip-Bu Tan. The trade has already generated preliminary book profits. Today's price strength looks promising. What is behind it? There are reports that Intel plans to rejuvenate its chip design and broaden its foundry business. The goal is to attract major chip companies like Broadcom and NVIDIA as customers. According to UBS, the new CEO is expected to prioritize...
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