Three months ago, Intel CEO Pat Gelsinger was upbeat about the company’s IDM 2.0 strategy and what he said was a $1 trillion market opportunity for Intel Foundry Service (IFS) to grow into, even as overall earnings plummeted to an all-time low. Now we know why he was so optimistic. After two consecutive quarters of losses, Intel just posted

Source: Hot Hardware – Intel Earnings Bring Surprise Return To Profit Ahead Of Foundry Services And AI Boom