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Intel discloses $7 billion operating loss for chip-making unit, ET Telecom - Vimarsana News

Intel discloses $7 billion operating loss for chip-making unit, ET Telecom

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.

intel chip-making unit loss: Intel discloses $7 billion operating loss for chip-making unit - Vimarsana News

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.