Browsing Tag
chipmaking
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Intel’s chipmaking business lost a boatload of billions last year
Intel’s chip-making division accumulated $7 billion in operating losses in 2023, Reuters reported on Tuesday. That’s a big increase from $5.2 billion it lost in 2022, and while it made $18.9 billion in revenue in 2023, that number is down 31 percent from the $27.49 billion it made the year prior.However, based on CEO Pat
US, EU team up on chipmaking and Russia disinformation
— AFPSACLAY: The United States and the European Union announced on Monday a joint effort to boost microchip manufacturing and tackle Russian disinformation around the war in Ukraine.The two sides met outside Paris as part of the Trade and Technology Council (TTC), a forum created last year aimed largely at countering China’s increasingly powerful position…