Intel Factory Losses Widen as Company Plots Costly Comeback

Intel Factory Losses Widen as Company Plots Costly Comeback

Business
April 3, 2024 by secret
16
[ad_1] (Bloomberg) — Intel Corp., revealing new details about its manufacturing operations, said that losses have deepened at the chipmakerā€™s factory network and the business may not reach a break-even point for several years. Most Read from Bloomberg Intel Foundry, a new division of the company responsible for manufacturing, had sales of $18.9 billion in