Intel Corp $INTC said its manufacturing division will operate as a separate unit and start generating margin!
But the company did not announce a new external customer for this business as part of its foundry services (foundry = a manufacturing facility that makes chips for other companies), a key part of Intel's turnaround plans in which it will offer its manufacturing services...
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Could it be that Intel doesn't belong in the old world after all? I would also rather bet on a comeback. The $20 billion sounds good.