{"id":87820,"date":"2024-04-03T02:13:11","date_gmt":"2024-04-03T06:13:11","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=87820"},"modified":"2024-04-03T02:09:57","modified_gmt":"2024-04-03T06:09:57","slug":"intel-shares-fall-after-company-reveals-7-billion-operating-loss-in-foundry-business","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2024\/intel-shares-fall-after-company-reveals-7-billion-operating-loss-in-foundry-business.html","title":{"rendered":"Intel shares fall after company reveals $7 billion operating loss in foundry business"},"content":{"rendered":"\n<p>(CNBC) Intel says its foundry business recorded an operating loss of $7 billion in 2023 on sales of $18.9 billion. That\u2019s a wider loss than the $5.2 billion Intel reported in its foundry business in 2022 on $27.5 billion in sales. This is the first time that Intel has disclosed revenue totals for its foundry business alone.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/04\/02\/intel-shares-fall-after-company-reveals-7-billion-operating-loss-in-foundry-business.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Intel says its foundry business recorded an operating loss of $7 billion in 2023 on sales of $18.9 billion. That\u2019s a wider loss than the $5.2 billion Intel reported in its foundry business in 2022 on $27.5 billion in [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-87820","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87820","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=87820"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87820\/revisions"}],"predecessor-version":[{"id":87821,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87820\/revisions\/87821"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=87820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=87820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=87820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}