U.S. semiconductor company Intel has embarked on strengthening its foundry (semiconductor outsourcing production) competitiveness by recruiting Lee Seok-hee, former CEO of SK Hynix and SK On. Intel, which had fallen behind TSMC and Samsung Electronics in advanced process competition and effectively been pushed to the margins of the market,

Intel's (INTC) stock has risen roughly sixfold from its 2025 lows, trading at over $120 per share. The move reflects a fundamental rethinking of Intel's foundry business, which has received a vote of confidence from the U.

Intel appointed Lee Seok-hee, former CEO of SK hynix and SK On, as a senior vice president. He will oversee advanced packaging and system integration in its foundry business, a key growth area for Intel's competition in the AI chip market.

The reported order would be the largest external win in Intel Foundry's history, coming as TSMC's capacity crunch pushes customers to look elsewhere.

Intel (INTC) stock rises as company appoints former SK Hynix CEO Seok-Hee Lee to lead advanced packaging and manufacturing at Intel Foundry division.

Intel advances foundry operations and domestic chip manufacturing initiatives as the Nasdaq Composite tracks developments across the semiconductor sector this June.

Intel is trying to rebuild its chipmaking edge, while Qualcomm is leaning on profits, cash flow, and expansion beyond mobile. Investors comparing the two stocks have to decide which chip strategy offers the clearer path to returns in 2026.

Cadence expands Intel Foundry deal to optimize Intel 14A, boosting AI EDA tools, design IP, and revenue visibility—plus why 14A matters.

Intel has appointed former SK Hynix CEO Seok-Hee Lee to a key foundry leadership role. The move underscores Intel's commitment to expanding manufacturing capabi

Stacy Rasgon, Bernstein, and Dan Ives, Wedbush Securities, join 'Power Lunch' to discuss Intel's prospects of building chips in the U.S., Apple price increases and much more.