Intel Says Foundry Business Is Gaining Momentum as Turnaround Accelerates

​Intel Sees Progress in Manufacturing Push
Intel CEO Lip-Bu Tan said the company’s foundry business is gaining traction as customer interest in its manufacturing services continues growing.

Foundry Strategy Remains Central
Intel’s foundry business is a major part of its long-term turnaround plan and aims to produce chips for outside customers in addition to Intel’s own products.

Investor Confidence Continues Rising
Intel shares have surged more than 300% since Tan became CEO in March 2025 as investors gained confidence in the company’s recovery strategy.

18A Process Shows Improvement
Tan highlighted major progress in Intel’s advanced 18A manufacturing process, which is considered a critical milestone for the company.

Manufacturing Yields Improving Rapidly
Intel reported strong monthly improvements in manufacturing yields, a key metric that influences profitability and customer confidence.

Customer Interest Increasing
According to Tan, improving manufacturing performance is attracting more potential foundry customers to Intel’s platform.

Apple Partnership Reports Gain Attention
Recent reports suggested Intel and Apple may be discussing future manufacturing cooperation, though Intel declined to confirm specific customer names.

More Customer Commitments Expected
Intel expects additional foundry customer agreements to become more concrete during the second half of the year.

US Semiconductor Production Highlighted
Tan emphasized the strategic importance of rebuilding advanced semiconductor manufacturing capacity within the United States.

Outlook Points to Intensifying Competition
​Intel aims to compete more directly with Taiwan Semiconductor Manufacturing Company as it develops future-generation manufacturing technologies and expands its foundry ambitions.