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Today β€” 19 May 2026Wccftech

Intel CEO Lip-Bu Tan Calls Foundry a β€œNational Treasure” as External Customers Knock on His Door After 18A Yield Turnaround

19 May 2026 at 05:55

A person in a suit stands on stage with a large semiconductor wafer image displayed behind them, and the word 'Welcome' visible on a screen.

Intel CEO, Lip-Bu Tan, says that its Foundry Business is a National Treasure, and continues to see more customers line up for its advanced packaging and process technologies. Intel Foundry Sees Massive Interest From Several External Customers, Many Already Prepaying For Substrates During today's Mad Money Show with Jim Cramer of CNBC, Intel's CEO, Lip-Bu Tan, talked about the company's Foundry business and how the AI buzz is pushing more customers towards it. Right off the bat, Lip-Bu said that the "Foundry is very important", calling it a national treasure. He says that currently, 90% of the most advanced processors […]

Read full article at https://wccftech.com/intel-ceo-lip-bu-tan-calls-foundry-a-national-treasure-as-external-customers-knock-on-his-door-after-18a-yield-turnaround/

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