This Event Could Be the Next Catalyst for Intel's Stock

1. Intel's financial outlook disappoints investors, causing a stock decline. 2. CEO Lip-Bu Tan will address the Foundry event next week. 3. Intel's Foundry revenue fell to over $17 billion, 30% of total revenue. 4. Layoffs are likely as cost-cutting is a priority under new leadership. 5. Analysts remain neutral with a price target of $23 amidst uncertainties.