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The Latest Breaking News from Intel Foundry

What Were the 4 Worst-Performing Stocks in the S&P 500 in 2024?

As 2025 starts to unfold, let's take a look back at the four worst-performing stocks in the S&P 500 from last year.

Barchart

Intel is sampling 18A-based Panther Lake with customers — Intel Foundry's 18A node and CPUs are on track for 2H 2025 launch

Intel's Panther Lake is on track to be released in the second half of this year as the company is sampling them with PC makers.

Tom’s Hardware

Intel ex-CEO Gelsinger and current co-CEO slapped with lawsuit over Intel Foundry disclosures — plaintiffs demand Gelsinger surrender salary earned

The plaintiffs seek the entire sum of Gelsinger's $207 million salary that he earned during his tenure, which would then be paid back to Intel.

Tom’s Hardware

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Qualcomm claps back at Intel, denies high return rates of Snapdragon PCs

Qualcomm has denied claims of high return rates for Arm PCs. Recently, Intel's co-CEO stated that retailers see higher return rates for PCs powered by Qualcomm chips than systems powered by Intel processors.

Windows Central

After the 'change of regime', spinning off Intel Foundry is an 'open question' for the CPU manufacturer

Intel could be in for a weird year.

PC Gamer

Intel executive says spinning off manufacturing unit is an 'open question'

Intel's co-CEO thinks that spinning off fabs is not a wise idea, but the actual decision will be made by 'someone.'

Tom’s Hardware

Intel looks beyond silicon, outlines breakthroughs in atomically-thin 2D transistors, chip packaging, and interconnects at IEDM 2024

Today, the Intel Foundry Technology Research team announced technology breakthroughs in transistor, interconnects, and packaging technology, among others, which it will unveil in seven of its own papers, along with two more papers in collaboration with industry partners like imec, at the IEEE International Electron Devices Meeting (IEDM) 2024 conference.

Tom’s Hardware

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Intel CEO Pat Gelsinger is gone but will Intel's chip fabs follow him out the door?

If AMD is the ultimate case study, kiss goodbye to Intel's fabs.

PC Gamer

Shareholders pay up as Intel ex-CEO Pat Gelsinger is reportedly set to depart with a $12 million golden handshake

Pat Gelsinger will enjoy almost $12 million in severance payments as he steps down as the CEO of Intel.

Tom’s Hardware

Down 53% YTD, Is Intel Stock Worth the Risk?

Intel, down 53% in 2024, just made a major change in its C-suite. Is this a dip-the-buy opportunity?

Barchart

Intel's $7.86B US Subsidy Restricts Sale Of Chipmaking Unit

Intel revealed that the U.S. government subsidies require it to retain at least 50.1% ownership of Intel Foundry if separated into a private entity, and limit sales to a single shareholder to 35% if the unit becomes public, before running into "change-in-control" provisions.

International Business Times

Intel's CHIPS Act funding restricts the sale of foundry buisness — company has to maintain majority share if it spins off manufacturing unit

Intel must maintain control of Intel Foundry even in case it decides to spin it off into a separate private or public company.

Tom’s Hardware

Intel won't bring 3D V-Cache-like tech to consumer CPUs for now — next-gen Clearwater Forest Xeon CPUs will feature "Local Cache" in the base tile akin to AMD's 3D V-Cache

Intel confirms that its Clearwater Forest CPUs will separate the CPU cores and cache into separate tiles, mirroring AMD's X3D design. However, this tech won't be coming to the desktop anytime soon.

Tom’s Hardware

Is Beaten-Down Intel Stock Finally a Buy?

Once a chip industry superstar, Intel now finds itself left behind as rivals race ahead. But is the beaten-down chip stock finally a buy after its latest earnings?

Barchart

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International Business Times

Intel Considers Selling Minority Stake In Altera Amid Financial Struggles: Report

Intel is reportedly targeting a valuation of $17 billion for Altera, a slight increase from the $16.7 billion it paid for the company nine years ago.

Tom’s Hardware

Intel outlines a plan to get back in the game: Pause fab projects in Europe, make the foundry unit an independent subsidiary, and streamline the x86 portfolio

Intel reviews its projects and product plans as part of the turnaround plan introduced in August.

International Business Times

Intel Signs AI Chip Deal With Amazon, To Split Foundry Business As Separate Subsidiary

Intel closed a deal with Amazon to manufacture AI chips for the e-commerce company.

PC Gamer

Intel announces it will 'pause' plans for a manufacturing megafab in Germany due to ongoing money trouble

Bad news for Intel and Europe's chipmaking ambitions.

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Tom’s Hardware

Intel reportedly lost PlayStation 6 chip design contract to AMD in 2022 — the $30 billion deal was up for grabs

Intel lost out to AMD in its bid to design and fabricate processors for the upcoming Sony PlayStation 6. According to three insiders, Intel and AMD were the two final contenders in the PS6 chip design and fabrication tender.

Windows Central

Intel may lose billions of dollars once set aside by the US CHIPS Act, unless it can get its act together

Intel is set to receive $8 billion in funding from the US Chips Act and an additional $11 billion in loans. But that funding may be in jeopardy due to the chipmaker's struggles.

PC Gamer

Looks like Intel has quietly killed the 20A process, announcing that no Arrow Lake chip will use its first Angstron Era node

The Intel 20A process seems like it's going to go down in history as purely a test platform for backside power and GAAFET.

Tom’s Hardware

Intel mulls spinning off its manufacturing division

Intel is working with investment banks over strategic options regarding its manufacturing operations.

Windows Central

Intel faces lawsuit and accusations of inflating its stock price by sharing 'materially false or misleading statements'

Intel now faces a lawsuit from its shareholders that claims the company shared false or misleading information about its manufacturing capacity. Intel announced 15,000 layoffs earlier this month and reported a net loss of $1.61 billion in the most recent quarter.

Windows Central

Dell will reportedly lay off 12,500 employees this week, bringing the total to 24,500 in 15 months

In a move to get "leaner," Dell will lay off thousands of employees this week. While the tech giant has not confirmed figures, estimates state 12,5000 jobs will be lost.

AnandTech

Intel 18A Status Update: First Chips Booting, First External Customer Tape-Out in H1’25

Following Intel’s painful Q2 earnings call and the announcement of their 2025 cost reduction plan last week, it has become increasingly evident that Intel’s future is in the hands of their foundry group. Between Intel’s IDM 2.0 initiative and their internal chip production plans, all roads lead back to Intel…

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