Intel’s $2.8B Q1 loss and 36 percent revenue slide were slightly less horrible than expectedTobias Mannon April 28, 2023 at 04:57 The Register


CEO Gelsinger insists plan to grow a whopping foundry business will pay off

Intel CEO Pat Gelsinger has defended the company’s plan to become a chipmaker for hire after the company’s profits plunged 134 percent year over year and it recorded a $2.8 billion loss during the first quarter of 2023.…

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