Intel’s stock prices have plummeted 8% today, following the company’s revelation of significant operating losses in its fledgling foundry business. In 2023, Intel’s foundry business reported an operating loss of $7 billion, with sales amounting to $18.9 billion. This marks a larger loss compared to the $5.2 billion loss reported in 2022, despite higher sales … Continue reading Intel Foundries Continue to Flounder With Declaration of $7 Billion Operating Loss