Intel drops 9% as chipmaker's foundry business axes projects, struggles to find customers

TL;DR


Summary:
- Intel, a major computer chip manufacturer, is facing issues with its chip production. The CEO of Intel has warned that the company is experiencing problems with its chip manufacturing process.
- These manufacturing issues could lead to delays in the release of new Intel chips and impact the company's ability to meet customer demand.
- The news of these manufacturing problems has caused Intel's stock price to drop significantly, as investors are concerned about the potential impact on the company's financial performance.

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