KEY TAKEAWAYS
- Intel will launch its first annual conference for its growing foundry business on Wednesday.
- At the event, CEO Pat Gelsinger is expected to reveal more details on its plans to become the world’s "first and only fully integrated systems foundry for the AI era."
- The event will also feature appearances from U.S. Secretary of Commerce Gina Raimondo, Microsoft Chair and CEO Satya Nadella, OpenAI CEO Sam Altman, and ARM CEO Rene Haas, among others.
- Wedbush analysts said the event could also bring a surprise announcement and offer insights on Intel's previously announced collaboration with UMC.