Intel Appoints Samsung Executive to Lead Foundry Services
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 16 2026
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Should l Buy INTC?
Source: stocktwits
- Leadership Change: Intel has appointed Shawn Han, head of Samsung's Foundry business, to lead its Foundry Services, bringing three decades of experience, particularly in sales, which will aid Intel's transformation into a broader fabrication ecosystem.
- Strategic Partnership: This appointment coincides with Intel's strategic partnership with SpaceX, xAI, and Tesla to advance next-generation silicon fabrication technology, highlighting Intel's ambitions in the semiconductor manufacturing sector.
- Foundry Business Push: Intel's foundry business is a key strategic pivot for CEO Lip-Bu Tan, and while it will take time, the company has begun shipping its first products based on the Intel 18A process, indicating progress in advanced manufacturing capabilities.
- Positive Market Reaction: Intel shares have rallied for three consecutive weeks, rising about 5% on Thursday and pushing weekly gains to over 9%, with retail investor sentiment being extremely bullish, predicting the stock could soon hit $100, reflecting confidence in the company's pivot.
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Analyst Views on INTC
Wall Street analysts forecast INTC stock price to fall
29 Analyst Rating
5 Buy
19 Hold
5 Sell
Hold
Current: 115.930
Low
20.00
Averages
39.30
High
52.00
Current: 115.930
Low
20.00
Averages
39.30
High
52.00
About INTC
Intel Corporation is a global designer and manufacturer of semiconductor products. The Company's segments include Intel Products, Intel Foundry, and All Other. Its Intel Products comprise Client Computing Group (CCG) and Data Center and AI (DCAI). CCG delivers platforms and processors that power PCs and edge devices, enabling enhanced performance, connectivity and user experience for consumer and commercial markets with capabilities that also support retail, industrial robotics and AI ecosystems at the edge. DCAI delivers workload-optimized solutions based upon its x86 architecture for data centers, including CPUs, AI accelerators, NICs, IPUs and custom ASICs, enabling performance and scalability for cloud, enterprise, telecommunication and HPC environments. The Intel Foundry segment comprises technology development, manufacturing and foundry services, developing new semiconductor process technologies and advanced packaging technologies. All Other segments include Mobileye and Other.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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