April 2 (Reuters) - Semiconductor company Intel ( INTC )
disclosed the annual financial results for its foundry business
on Tuesday, according to a regulatory filing with the U.S. SEC.
Intel ( INTC ) plans to spend $100 billion on building or expanding
chip factories in four U.S. states. Its business turnaround plan
depends on persuading outside companies to use its manufacturing
services.
As part of that plan, Intel ( INTC ) told investors it would start
reporting the results of its manufacturing operations as a
standalone unit.