Intel Foundry: Realigning the Money
Full transition to Foundry revenues vs Product
Companies Mentioned: $INTC, $TSM
Ahead of the April 25th Q1 financial results, today (April 2nd) Intel held a webinar related to an 8-K filing showcasing how the new business structure between Products and Foundry is going to be allocated on the balance sheet.
It was only a few weeks ago that Intel rebranded Foundry Services as Intel Foundry, and put the…