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Intel Foundry reports 2023 revenue down 31% YoY to $18.9B, operating loss of $7B, up from $5.2B in 2022, and expects 2024 to be the peak of its losses


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2024-04-02 21:09:03
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Cybersecurity Business

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Ian King / Bloomberg:

Intel Foundry reports 2023 revenue down 31% YoY to $18.9B, operating loss of $7B, up from $5.2B in 2022, and expects 2024 to be the peak of its losses  —  Intel Foundry, a new division of the company responsible for its manufacturing operations, had sales of $18.9 billion in 2023 …




Ian King / Bloomberg:

Intel Foundry reports 2023 revenue down 31% YoY to $18.9B, operating loss of $7B, up from $5.2B in 2022, and expects 2024 to be the peak of its losses  —  Intel Foundry, a new division of the company responsible for its manufacturing operations, had sales of $18.9 billion in 2023 …



Source: TechMeme
Source Link: http://www.techmeme.com/240402/p21#a240402p21


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