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Intel’s Stock Drop Reflects Long-Term Erosion of Market Share and Margins

Pelican Press

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Intel Corporation (NASDAQ:) shares fell 4.17% to $21.90 amid reports that the semiconductor giant is considering a significant strategic shift in its foundry business. According to Reuters, Intel’s new CEO Lip-Bu Tan is reportedly evaluating whether to stop marketing the company’s advanced 18A manufacturing process to external foundry customers and instead focus on its next-generation 14A…

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