Tag: losses

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Intel Foundry records 7 billion loss, but better times are ahead

Intel Foundry records 7 billion loss, but better times are ahead

Intel is both chip designer and chipmaker, but its Foundry business recorded a $7 billion loss in 2023. It's significantly more than the 5.2 billion loss that the unit suffered in 2022, but CEO Pat Gelsinger says improvement in on the horizon. Intel announced the figures during an earnings call ... Read more

date2 months ago