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$INTC CEO Chen Liwu:
Intel’s goal is to generate a "10x return within 5 to 10 years" for investors
In an interview with the podcast "No Priors," Chen Liwu emphasized that while the company still lags behind $TSM and "must remain humble," people will only begin to see Intel’s true potential between 2030 and 2032
When asked about his decision to keep investing in the foundry business, Chen said that wafer foundry is very important to the United States and extremely important to the entire industry. Intel’s most advanced processes, such as 18A (1.4nm), are already being planned for 1nm and 0.7nm
He emphasized, "We have great respect for TSMC. We are a very good partner, and the industry needs more capacity to serve our customers. So we decided to stick with it. In the long run, this is a key move, and it is where I can create more value for the industry."