Intel has announced a significant partnership with Microsoft, underlining a pivotal moment in its ambitious turnaround efforts led by CEO Pat Gelsinger. This collaboration involves Microsoft, with CEO Satya Nadella, utilizing Intel's newly unveiled Intel Foundry Services (IFS) to manufacture at least one of its in-house AI chips, leveraging Intel's advanced 18A process technology. Described as a 'lifetime' agreement, the deal is valued at over $15 billion and positions Intel as a formidable competitor against Asian foundry giants like TSMC and Samsung, aiming to become the world's first systems foundry for the AI era. Intel's focus on creating the 'world's most resilient supply chain' and its plans to relocate manufacturing to the U.S. from Asia aim to radically alter global supply chains within the next decade. Additionally, Intel's engagement with OpenAI's Sam Altman hints at the broader implications of AI technology and the increasing demand for chips capable of supporting AI advancements, with plans to introduce the next-gen 14A process node in '26.