Home Gadgets Intel Lost Nearly $500 Million In Brutal Second Quarter

Intel Lost Nearly $500 Million In Brutal Second Quarter

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Intel could really use a few bucks from the recently passed (by Congress, at least) $280 billion CHIPS and Science ACT. The U.S. chipmaker shocked investors on Thursday, revealing it lost nearly $500 million in Q2, its first quarterly loss in years. The company cited weakened demand for PC components and downturns in…

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Source: gizmodo.com