intel chip-making unit loss: Intel discloses $7 billion operating loss for chip-making unit
Intel said the manufacturing unit had $7 billion in operating losses for 2023, a steeper loss than the $5.2 billion in operating losses the year before. The unit had revenue of $18.9 billion for 2023, down 31% from $27.49 billion the year before.
Source: indiatimes.com