finance.yahoo.com

Intel Foundry Deal With Fortinet Builds Cybersecurity-Oriented Processor

Fortinet logoFortinet
Sig2.60Sen+3.10Env+0.10Soc+1.20Gov+0.80
Intel logoIntel
Sig2.35Sen+4.10Env0.00Soc0.00Gov0.00

Intel Foundry’s deal with Fortinet to build a cybersecurity-oriented processor is presented as potentially important for Intel chip investors after a large prior stock gain. The customer’s move could open a new business line for Intel Foundry and help Fortinet diversify away from TSMC’s dominant foundry role as investors watch for additional cybersecurity deals.

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