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Intel (INTC) Lands A Major Customer For Its 14A Foundry Process

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Intel (NasdaqGS: INTC) said Tesla has agreed to use its upcoming 14A manufacturing process as a foundry customer. The chipmaker reported progress on output from its 18A node, highlighting current production results for the advanced manufacturing technology. Intel announced a US$20b equity raise earmarked for new factory buildouts tied to its foundry expansion plans. The Tesla 14A deal, 18A progress and US$20b raise only capture part of what is changing for Intel today. We have also flagged 1...

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Intel (INTC) Lands A Major Customer For Its 14A Foundry Process

Intel (NasdaqGS: INTC) said Tesla has agreed to use its upcoming 14A manufacturing process as a foundry customer. The chipmaker reported progress on output from its 18A node, highlighting current production results for the advanced manufacturing technology. Intel announced a US$20b equity raise earmarked for new factory buildouts tied to its foundry expansion plans. The Tesla 14A deal, 18A progress and US$20b raise only capture part of what is changing for Intel today. We have also flagged 1...