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Intel Reveals $7 Billion Largest Operating Loss for Chip-Making Unit

Intel has faced heightened operating losses as it failed to secure billions of dollars in Taiwan. On Tuesday, Intel (INTC. O) disclosed deepening operating losses for its foundry business, a blow to the chipmaker as it tries to regain a technology lead it lost in recent years to Taiwan Semiconductor Manufacturing (2330.
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Source: hngn.com

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