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…