Intel has set 2025 as its target date to catch up with Taiwan’s TSMC and Samsung as the world’s largest chip foundries, as it starts making chips for Qualcomm, with Amazon also lined up. Despite years of cut-throat competition in the mobile market, Intel and Qualcomm will now be strategically tied together as Qualcomm is unveiled as the first publicly announced customer for Intel Foundry Services (IFS), the larger firm’s $20bn bid to build a contract chip manufacturing business to rival Samsung and TSMC. In doing so, it would enhance the USA’s power in the global hi-tech ecosystem and protect US firms from disruptions caused by geopolitics and global crises. And the foundry business is looking commercially attractive. In its…