Intel foundry sees $7 billion in losses and doesn’t expect to break even until 2027
What you need to know Intel foundry saw a loss of $7 billion in 2023. Intel revenue was also down 31% year-over-year. Share prices for the chip manufacturer dropped by over 4% following this news. These 2023 reports do not see Intel foundry as a separate unit, so they don’t fully represent Intel foundry’s performance. […]
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