Chipzilla's €8.3 billion Foundry fiasco
@ 2024/04/04Intel disclosed that its manufacturing arm suffered a monumental €8.3 billion in operating losses for 2023, a sharper downturn than the €6.1 billion loss in the previous year. The division's revenue also plummeted to €19.2 billion for 2023, marking a significant 31 per cent drop from €26.67 billion the year prior.