Intel Financial Update Shows Losses at Factories Widened in 2023 bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Intel Corp. declined the most in more than two months after the chipmaker gave a disappointing outlook for its factory operations, saying that losses have deepened at the business and it may not reach a break-even point for several years. Most Read from BloombergA Million Simulations, One Verdict for US Economy: Debt Danger AheadTSMC Facilities to Resume Production Overnight After QuakeTrump Media’s Business Doesn’t MatterKim Jong Un Faces Annihilation in Most Korea War ScenariosT
(Bloomberg) Intel Corp. and Advanced Micro Devices Inc. shares fell Monday after a report that China has adopted new guidance to limit the use of US-made microprocessors and servers in government computers.Most Read from BloombergTrump Vows to Pay Fraud Trial Bond Cut By 68% to $175 MillionTrump Facing Moment of Truth for Finances in Manhattan CourtAfter Exposing Realtors, Eliminate the Mortgage Interest DeductionBoeing CEO to Step Down in Overhaul Sparked by Safety CrisisIntel was down 2.9%
Microsoft Will Use Intel to Manufacture Home-Grown Processor bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Intel Corp. has landed Microsoft Corp. as a customer for its made-to-order chip business, marking a key win for an ambitious turnaround effort under Chief Executive Officer Pat Gelsinger. Most Read from BloombergBYD’s New $233,450 EV Supercar to Rival Ferrari, LamborghiniJack Ma-Backed Ant Outbids Citadel Securities for Credit Suisse’s China JVJacob Rothschild, Financier and Philanthropist, Dies at 87Norwegian Cruise Ship Halted at Mauritius Due to OutbreakMicrosoft plans to use I