Intel drops 8% as chipmaker's foundry business axes projects, struggles to find customers

Intel's stock dropped 8% after the chipmaker said it would slash foundry costs in its latest attempt to turn around its struggling business.

Jul 26, 2025 - 01:31
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Intel drops 8% as chipmaker's foundry business axes projects, struggles to find customers
Intel's stock dropped 8% after the chipmaker said it would slash foundry costs in its latest attempt to turn around its struggling business.

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