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Intel has announced the launch of Intel Foundry, a new initiative aimed at becoming a leading supplier of AI chips through investments in cutting-edge manufacturing technology. CEO Pat Gelsinger highlighted the company's focus on next-generation lithography and AI, with Microsoft already partnering as a client. Intel Foundry sets an ambitious goal to be the No. 2 foundry by 2030, positioning itself as a key player in the manufacturing of a wide range of AI systems for the #DisruptiveTech sector. Analysts, including JPMorgan's Harlan Sur, note that while the move has garnered investor interest, revenue scale from this venture is expected to be 'Several Years' Away.
$INTC | Intel Foundry Day Takeaway: Revenue Scale Is 'Several Years' Away, Analysts Say Intel recently launched of the world's first systems foundry for the AI era - Intel Foundry - sparking investor attention. JPMorgan analyst Harlan Sur cautions that achieving… https://t.co/hBpSSnFfo9
Research Note: Intel IFS Connect: Positioning Intel Foundry for the AI Systems Era Thoughts and analysis from @benbajarin on @Intel IFS Connect and how @Intel is well positioned for the next era of chip design and manufacturing. https://t.co/BCDjF8HGm7
MyPOV: @Intel Foundry sets roadmap, aims to be No. 2 foundry by 2030 https://t.co/6P21oujd3F The bet is that Intel Foundry can be the manufacturer for a wide range of AI systems. @ldignan @constellationr
