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Intel Foundry
- Intel is creating a separate entity for its foundry business and plans to establish Intel Foundry as an independent subsidiary.
- Intel has spent around $25 billion on the foundry business in each of the past two years.
- Intel's stock has lost almost 60% of its value in 2024.
- Qualcomm made a takeover approach to Intel, which has a market value of roughly $90 billion.
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