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Intel Financial Update Shows Losses at Factories Widened in 2023

(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 ...
Pat Gelsinger Lorenzo Flores Dave Zinsner Bloomberg Businessweek Microsoft Corp Devices Inc
Source: yahoo.com

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Intel CEO Gelsinger proposes a fab tour for Elon Musk — could be an attempt to win orders from Tesla, other Musk companies

Intel CEO Pat Gelsinger has publicly invited Tesla CEO Elon Musk to tour his firms semiconductor fab lines. In a post on the Twitter/X social media platform, Gelsinger said he was thinking of Musk when he was awarded the $8.5 billion in CHIPS Act funding, earlier in the week.
New Mexico United States Elon Musk Openai Sam Altman Pat Gelsinger Us Commerce Department

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