Intel Shares Fall as Company Reports Loss in Foundry Business

  • 📰 NBCLA
  • ⏱ Reading Time:
  • 20 sec. here
  • 19 min. at publisher
  • 📊 Quality Score:
  • News: 70%
  • Publisher: 59%

Business ニュース

Intel,Shares,Fall

Intel reveals financials for its foundry business, reporting an operating loss of $7 billion in 2023 on sales of $18.9 billion. This is the first time Intel discloses revenue totals for its foundry business alone.

Intel shares fell more than 4% in extended trading on Tuesday after the company revealed long-awaited financials for its semiconductor manufacturing business, commonly called the foundry business, in a SEC filing. Intel said its foundry business recorded an operating loss of $7 billion in 2023 on sales of $18.9 billion. That's a wider loss than the $5.2 billion Intel reported in its foundry business in 2022 on $25.7 billion in sales.

This is the first time that Intel has disclosed revenue totals for its foundry business alone. Historically, Intel has both designed its own chips as well as done its own manufacturing, and reported final chip sales to investors. Other American semiconductor companies such as Nvidia and AMD design their chips but send them off to Asian foundries — often Taiwan's TSMC — for manufacturin

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 319. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Intel shares fall after company reveals $7 billion operating loss in foundry businessIntel said that its foundry business recorded an operating loss of $7 billion in 2023 on sales of $18.9 billion.
ソース: CNBC - 🏆 12. / 72 続きを読む »

Trump Media shares fall sharply after company reports net loss of $58 million in 2023Trump Media, whose majority shareholder is former President Donald Trump, 'expects to incur operating losses for the foreseeable future,' the filing says.
ソース: CNBC - 🏆 12. / 72 続きを読む »

Truth Social parent company Trump Media & Technology Group to become publicly traded companyEXCLUSIVE: Shareholders voted Friday to make Trump Media & Technology Group, the parent company of Truth Social, a publicly traded entity, Fox News Digital has learned.
ソース: FoxBusiness - 🏆 458. / 53 続きを読む »