Intel (INTC) Considers Selling Chip Manufacturing Business Amid Challenges | | StockXpo

Try Stockxpo Premium

Intel (INTC) Considers Selling Chip Manufacturing Business Amid Challenges

Published: Friday, December 13, 2024 · 7:11 AM  |  Updated: Friday, December 13, 2024 · 7:11 AM

📊 459 views

SHARE











Intel (INTC, Financial) is restructuring its manufacturing division into a separate subsidiary, isolating its foundry business from other operations. Executives revealed that if their new 18A chip manufacturing technology fails, the company may sell its chip manufacturing segment. This announcement follows Intel’s struggles in regaining its manufacturing leadership, having lost ground to competitors like NVIDIA in the AI sector. Despite efforts to revitalize its foundry business under CEO Pat Gelsinger, including investing billions in the 18A process, Intel has faced financial setbacks and market share losses. The company’s stock rose 3.28% recently, despite a 56% decline this year, reflecting ongoing investor concerns.

MORE IN INSIDE INVESTMENT NEWS


Broadcom's AI Growth: Alpha Potential in Next-Gen Chips featured image

Broadcom’s AI Growth: Alpha Potential in Next-Gen Chips

Published: Thursday, September 3, 2026 · 12:35 AM


Palo Alto Networks: Alpha Generation as AI Cyber Demand Intensifies featured image

Palo Alto Networks: Alpha Generation as AI Cyber Demand Intensifies

Published: Wednesday, September 2, 2026 · 9:29 AM

scroll to top