Intel Names First Outside Customer for Foundry Under CEO Lip-Bu Tan

Intel announced Fortinet as its first named external customer under CEO Lip-Bu Tan, marking a milestone in the foundry business. The stock rose over 8% following the news ahead of Intel's earnings report.

By Daniel Sparks, The Motley Fool Thu, July 23, 2026 at 1:12 AM GMT+3 5 min read · Yahoo Finance ·

Intel Names First Outside Customer for Foundry Under CEO Lip-Bu Tan

Tickers: $FTNT $INTC

Topics: customer announcement foundry services semiconductors stock performance

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