Intel posts deepening loss due to restruction, but analysts eye potential turnaround

Digitimes
Oct 31, 2024, 9:51 pm187 ptsTrendingTop
Intel reported deepening losses amid ongoing restructuring efforts, with Intel Foundry incurring an operating loss of US$5.8 billion. However, the results exceeded analyst expectations, and some believe they could signal a potential turnaround for the chipmaker.

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