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) — Big tech looked poised for a rebound after Nvidia Corp.’s solid results and outlook bolstered confidence in the artificial-intelligence frenzy that has powered the stock market resurgence. The giant chipmaker soared in late trading after predicting another blowout sales gain for the current quarter, with Chief Executive Officer Jensen Huang saying “accelerated computing…
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.