Intel hopes its foundry business will break even around 2027

TL;DR: Intel's new CEO, Lip-Bu Tan, made it clear he isn't backing away from the company's push to become a top-tier foundry. Now, Intel has shared new details about how – and when – it expects chip manufacturing to become a profitable part of the business. At a recent investor conference, Intel Chief Financial Officer David Zinsner stated that he expects the company's foundry business to break even by 2027. Within a few years, Chipzilla should turn a profit and begin building the trust needed to attract new customers. Intel's chip business isn't in the best shape right now. The company has embraced a multi-foundry approach, outsourcing part of its wafer production to Taiwanese foundry TSMC while developing new advanced manufacturing nodes internally. Intel has scheduled mass production of the recently unveiled 18A and 14A nodes for 2027. Tom's Hardware notes that Intel will first use the 18A node (1.8nm) to manufacture Panther Lake client PC processors, with new consumer CPUs launc ... Read full article.