Intel Corp

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Intel Remains in Turnaround Mode on the Manufacturing Front

Brian Colello

Jan 23, 2026

Business Strategy and Outlook

Intel’s best days are behind it, as it currently has a chip manufacturing disadvantage against Taiwan Semiconductor, or TSMC, and its processor partners, such as AMD, Nvidia, and Apple. It is possible that the best outcome for Intel investors is a breakup of its chip design (Intel products segment) and manufacturing (Intel Foundry) businesses.

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Intel Corp

Intel Remains in Turnaround Mode on the Manufacturing Front

Business Strategy and Outlook

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