Intel shares fall after company reveals $7 billion operating loss in foundry business
Publishing timestamp: 2024-04-03 11:07:52
Summary
Intel shares fell after revealing financials for its foundry business, showing a wider loss in 2023 compared to 2022. The company expects losses to peak in 2024 and break even by 2030. Intel is aiming to drive earnings growth through its foundry business.
Sentiment: MIXED
Keywords: technology, breaking news: technology, intel corp, nvidia corp, business news, business, apple inc,