Intel claims they can make the foundry break even by around 2027-2028, and be profitable beyond. My guess is once that happens, they plan to spin it off as a public company. This is a first step towards that goal.
Also, being able to report the gross margin for Intel Products and Intel Foundry separately will help Products. Currently that part of Intel (profitable) is "suffering" because it is being lumped in with the unprofitable part of Foundry.
Also, being able to report the gross margin for Intel Products and Intel Foundry separately will help Products. Currently that part of Intel (profitable) is "suffering" because it is being lumped in with the unprofitable part of Foundry.