Intel’s Foundry Push Faces Real-World Hurdles Amid Apple Hopes
TL;DR Summary
Intel’s ambitious foundry push is hitting headwinds as it struggles to land customers for its 18A and 14A processes, with most current revenue from internal chip sales; a potential Apple M-series production deal could help but is years away, leaving near-term upside for INTC shares uncertain despite a strong rally and a Hold consensus with a roughly $48 price target.
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