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Intel's Foundry Business Gets a Huge Vote of Confidence


Wall Street isn't giving (NASDAQ: INTC) any credit for the company's push into the foundry business. Given Intel's history of manufacturing delays, most notably with its 10nm process that's now called Intel 7, it's not unreasonable to doubt the company's ability to pull off its audacious manufacturing roadmap.

Intel is in the process of launching five process nodes in a four-year span. The first is Intel 7, which is being used for current products, including Raptor Lake on the client side and Sapphire Rapids on the data-center side. Intel's next-gen Meteor Lake PC chips will use Intel 4, which is ramping now for a fourth-quarter launch.

Next year, Intel will launch its Sierra Forest and Granite Rapids data-center central processing units (CPUs), which will be built on the Intel 3 process. Intel has an unnamed foundry customer lined up for Intel 3, although the party really starts once Intel completes its current roadmap. Intel 3 will be followed by Intel 20A and Intel 18A. It's the Intel 18A that's expected to be a game changer.

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Source Fool.com

Intel Corp. Stock

€17.04
-2.380%
A loss of -2.380% shows a downward development for Intel Corp..
Our community is currently high on Intel Corp. with 28 Buy predictions and 15 Sell predictions.
With a target price of 38 € there is potential for a 123.0% increase which would mean more than doubling the current price of 17.04 € for Intel Corp..
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