Intel Corp. (NASDAQ:INTC) is among the 11 best robotics stocks to buy right now. On March 4, Intel Corp. (NASDAQ:INTC) CFO Dave Zinsner shared that the company is targeting break-even margins for its foundry business by 2027, driven by external customer engagements and new process technologies. Speaking at the Morgan Stanley Technology, Media & Telecom Conference, Zinsner shared that Intel Corp. (NASDAQ:INTC)’s foundry business, which provides end-to-end semiconductor manufacturing services such as design, fabrication, packaging, and testing for external users, is expected to have a meaningful improvement in margins for 2026 compared to last year.
At the conference, Zinsner added that Intel Corp. (NASDAQ:INTC) is aiming to set gross margins for its foundry business at around 40% on its path to break even by 2027. However, the executive pointed out that these earnings projections may change if the company decides to notch external achievements for the foundry business, noting that these adjustments may end up harming the unit’s profitability in the near term but could mean extra revenue opportunities in the long run. Zinsner also shared that Intel Corp. (NASDAQ:INTC) is developing a multi-year capital expenditure plan aligned with CPU demand and foundry opportunities.
Photo by Slejven Djurakovic on Unsplash
Intel Corp. (NASDAQ:INTC) designs, manufactures, and sells computer products and technologies, including computers, networking components, data storage, and communications platforms, as well as full-stack solutions created from the foundry industry ecosystem.
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