Business · South Africa
Intel's Share Price Rises on Foundry Business Success
MyBroadband Business · 2026/01/18
Summary
Intel, one of the biggest tech companies in the world, has seen its share price rise to almost its highest point in the last two years. This boost comes because Intel has made important progress with its foundry business, which means they help other companies manufacture their computer chips. This is a new direction for Intel and it seems to be paying off. The foundry sector is very competitive, but Intel's recent success shows that they are improving and gaining more trust from other businesses. This growth is a positive sign for Intel's future and could make the company stronger in the global market.
OnABudget takeaway: Intel's recovery shows how investing in new business areas can pay off. For consumers, this could mean better technology products in the future, and investors might see new opportunities as Intel grows its foundry business.