Intel Records Its Worst-Ever Quarterly Loss at $16.6b: What Happens Next?

Intel has reported a Q3 2024 quarterly loss of $16.6 billion, the worst loss of any quarter in the company’s history. The chip giant attributed the loss to a mix of factors. There were $9.9 billion in charges related to deferred US tax assets, $2.9 billion in “impairment of goodwill” charges tied to units like […]

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