Intel CEO Reports Progress in Foundry Business as Customer Interest Rises

Intel CEO Lip-Bu Tan stated the company’s foundry business is gaining momentum, with improved manufacturing yields attracting external customers. He anticipates commitments from multiple clients by year-end and highlighted progress on Intel's 18A process.

By Alexa LoMonaco · CNBC · May 18, 2026, 22:42 UTC

Intel CEO Reports Progress in Foundry Business as Customer Interest Rises

Tickers: $INTC $TSM

Topics: CEO Interview Foundry Business Manufacturing Turnaround

Read the full article at CNBC

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