Ian King / Bloomberg:

Intel says its Foundry division had $18.9B in 2023 revenue, down 31% YoY, and a $7B operating loss, up from $5.2B, and expects 2024 to be the peak of its losses  —  - In a change, company breaks out numbers for manufacturing unit  — New Intel Foundry division is expected to break even by 2030

Ian King / Bloomberg:

Intel says its Foundry division had $18.9B in 2023 revenue, down 31% YoY, and a $7B operating loss, up from $5.2B, and expects 2024 to be the peak of its losses  —  - In a change, company breaks out numbers for manufacturing unit  — New Intel Foundry division is expected to break even by 2030

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