Intel stock falls 2.85%: 14A chip progress improves outlook, but foundry losses remain a big concern
Intel Corporation shares fell 2.85% on Friday as investors looked at new progress in the company’s next-generation 14A chipmaking technology.
Investors are also worried about the large losses still being reported by Intel’s foundry business. The key question for Intel stock is whether the strong 14A technology progress can eventually turn into profitable chip manufacturing.
