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A dynamic image showcasing Intel's new AI-focused foundry business, with futuristic semiconductor chips and a corporate boardroom setting, highlighting innovation and competition in the tech industry.

Intel Makes Bold Move to Dig Itself Out of a Hole

The firm has posted multibillion-dollar losses and seen its stock price fall nearly 45% in the last year

Intel is turning its AI-focused foundry business into an independent subsidiary. This move could mark a significant turnaround.

September 18, 2024 01:00 AM

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