Ian King / Bloomberg:
Intel says its Foundry division had revenue of $18.9B in 2023, down 31% YoY, and an operating loss of $7B, up from $5.2B in 2022 — Intel Foundry, a new division of the company responsible for its manufacturing operations, had sales of $18.9 billion in 2023, down from $27.5 billion the prior year, the company said in a filing Tuesday.
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