Intel CFO Says Foundry Expected To Generate 'Meaningful' Revenue From Current Customer Discussions By 2027
Portfolio Pulse from Benzinga Newsdesk
Intel's CFO announced that the company's foundry business is expected to generate significant revenue by 2027, based on current customer discussions.
September 04, 2024 | 6:46 pm
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Intel's CFO has indicated that the foundry business is on track to generate substantial revenue by 2027, driven by ongoing customer discussions.
The statement from Intel's CFO suggests a positive outlook for the company's foundry business, which is expected to contribute significantly to revenue by 2027. This could enhance investor confidence and potentially lead to a positive impact on Intel's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100