Intel reports a $7 billion operating deficit for its semiconductor manufacturing division.

In a stark revelation that caught the attention of investors and industry analysts alike, Intel Corp. disclosed a deepening crisis within its foundry business, underscoring the challenges it faces in a fiercely competitive semiconductor industry. The tech giant, once the unchallenged leader in chip manufacturing, reported significant operating losses for its foundry division, highlighting the … Continue reading Intel reports a $7 billion operating deficit for its semiconductor manufacturing division.