Where Money Talks & Markets Listen
Dark
Light

Lip-Bu Tan

intel-shares-plunge-after-foundry-strategy-shakeup
7 days ago

Intel Shares Plunge After Foundry Strategy Shakeup

Strong Earnings Overshadowed by Manufacturing Uncertainty Intel’s stock tumbled more than 8% on Friday, despite better-than-expected second-quarter earnings. The sharp decline came as investors reacted to the company’s plan to slash foundry