Intel slashes quarterly dividend by two-thirds as cash crunch bites

The Register
Feb 22, 2023, 4:30 pm169 pts
Revenues will only be down 37 percent next quarter Pat promises After tens of billions of dollars in stock buybacks and hefty dividends for shareholders over the last years, Intel on said Wednesday that it's cutting its quarterly dividend to $0.125 per share as tin an effort to cut costs while also funding its…

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