☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to Technology@lemmygrad.ml • 2 months agoIntel lost $16.6 billion in Q3, reports $13.3 billion in revenueexternal-linkmessage-square6 fedilinkarrow-up134cross-posted to: technology
arrow-up134external-linkIntel lost $16.6 billion in Q3, reports $13.3 billion in revenue☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to Technology@lemmygrad.ml • 2 months agomessage-square6 Commentsfedilinkcross-posted to: technology
minus-squareblame [they/them]hexbear11·2 months agoThis is because they are pivoting towards being a foundry and tooling up a foundry is probably one of the most expensive things you can possibly do. link
minus-squarelorty@lemmygrad.mlhexbear5·2 months agoConsidering they are considering selling their foundry business, I'm not sure that follows. linkfedilink
minus-squareJucheStalin@lemmygrad.mlhexbear4·2 months agoI'm willing to bet there were significant losses with respect to the factory in Israel as well, though. Plus their chips are falling out of favor due to repeated disasters. linkfedilink
This is because they are pivoting towards being a foundry and tooling up a foundry is probably one of the most expensive things you can possibly do.
Considering they are considering selling their foundry business, I'm not sure that follows.
I'm willing to bet there were significant losses with respect to the factory in Israel as well, though. Plus their chips are falling out of favor due to repeated disasters.