The chip maker attributed nearly $16 billion in charges to its sweeping restructuring efforts. The company’s rosy sales ...
By Don Clark Reporting from San Francisco Intel on Thursday posted the biggest quarterly loss in its 56-year history, as the onetime highflying chip maker struggles to turn itself around.
One frustrated customer wants to force Intel to pay untold millions in damages, claiming the company deceptively marketed ...
Intel Corporation INTC reported soft third-quarter ... The company reported a GAAP loss of $16.6 billion or a loss of $3.88 per share against a net income of $0.3 billion or 7 cents per share ...
Intel on Thursday reported a net loss of 16.6 billion dollars for July-to-September, its third straight quarterly decline. Most of that was impairment charges on chipmaking equipment.
Intel reported third-quarter revenues above analysts' estimates, but also posted a massive net loss as a result of impairment and restructuring charges. In an interview with Reuters, Intel finance ...
Intel has never had such a large net loss: the chip manufacturer has reported 16.6 billion US dollars in its books. However, most of this is not supposed to affect the actual cash flow ...
Intel reported a massive net loss on Thursday, weighed down by impairment and restructuring charges. The company has largely missed out on a boom in investments in speedy, advanced AI chips for ...
Intel (INTC) came out with a quarterly loss of $0.46 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to earnings of $0.41 per share a year ago. These figures are ...
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