What does this mean: The IDM 2.0 strategy is Intel"s bold bid to reclaim technological leadership by shifting towards a foundry business model

Intel's IDM 2.0 strategy represents a significant shift in its business model, aiming to reclaim technological leadership by leveraging a foundry business approach. This strategic move involves expanding manufacturing capabilities and establishing Intel as a major provider of foundry capacity in the United States. By adopting this model, Intel aims to enhance its product design capabilities and return its margins to historical ranges. The strategy also emphasizes increased efficiency within Intel's internal factory network, further solidifying its position in the semiconductor industry.