Intel foundry push faces critical test after stock's 45% plunge in October

What happened: Intel's turnaround hinges on proving its foundry strategy can deliver, as customers look for signs the company will add fab capacity and catch TSMC. Key numbers: Intel stock fell 45% in October. Why it matters: The foundry push faces a critical test as customers seek evidence Intel will add fab capacity and compete with TSMC.

Intel's turnaround hinges on proving its foundry strategy can deliver, as customers look for signs the company will add fab capacity and catch TSMC.

The foundry push faces a critical test as customers seek evidence Intel will add fab capacity and compete with TSMC.