Intel posts deepening loss due to restruction, but analysts eye potential turnaround

Jingyue Hsiao, DIGITIMES Asia, Taipei Friday 1 November 2024 0

Credit: AFP

Intel reported deepening losses amid ongoing restructuring efforts, with Intel Foundry incurring an operating loss of US$5.8 billion. However, the results exceeded analyst expectations, and some believe they could signal a potential turnaround for the...

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