Intel CEO Lip-Bu Tan emphasized in a CNBC interview that the PC business remains crucial for Intel, addressing market concerns that Intel's shift toward a foundry model might marginalize its traditional CPU business. Intel announced that its next-generation 14A chips are planned for trial production in 2028, with formal mass production set for 2029—a schedule slightly delayed from previous commitments. The 14A process is seen as key to Intel's future competitiveness, integrating multiple new technologies and offering significant improvements in energy efficiency, density, and power consumption compared to the 18A node. Tan stated that the foundry business is an important national asset and is accelerating, with yields for the 18A process steadily improving and attracting attention from multiple clients, who are expected to make substantive commitments in the second half of the year. Additionally, Intel has reached a preliminary agreement with Apple on foundry collaboration. Financial data shows that Intel's revenue grew by 7% year-on-year in the first quarter of 2026, with foundry business revenue up 16% year-on-year, though most capacity is still used for internal chip production. Analysts note that the success of the 14A process will determine whether Intel can compete with rivals like TSMC, whose A14 process is also expected to enter mass production in 2028. As of Monday's close, Intel's stock price has surged by over 25% year-to-date and over 300% since Tan took over as CEO, with a current market capitalization of $543.662 billion.