Intel is fighting the most consequential turnaround in semiconductor history — attempting to reclaim its manufacturing leadership after losing the process node race to TSMC and Samsung while simultaneously launching an ambitious contract foundry business (Intel Foundry Services). CEO Pat Gelsinger's IDM 2.0 strategy has attracted $8.5B in CHIPS Act grants for new US fabs in Ohio and Arizona. Intel's client CPU business retains 60%+ PC market share, and its Xeon server processors still dominate enterprise data centers with 70M+ units sold annually. Revenue hit $54B in fiscal 2025 and the company employs 110,000+ people globally, making it one of the largest semiconductor employers in the world.

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