Apple may be Intel’s last hope in the foundry business

In a new research note shared this week, analyst Jeff Pu said that Apple could be among the customers considering Intel’s upcoming 14A process for future M-series chips. Then, came Intel’s Q2 results, and some crucial information about the future of its business.

Flat results, tanking stock

To say that Intel has been going through a years-long rough patch would be an understatement. Just today, their stock tumbled 8.5% after a weak Q2 report, the first full quarter under the…