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Intel CEO expresses frustration over CHIPS Act delays

Started by Redaktion, November 05, 2024, 09:54:43

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Redaktion

November 05, 2024, 09:54:43
Intel surpasses Q3 revenue expectations at $13.28 billion despite posting losses, with CEO Pat Gelsinger attributing the red ink to one-time costs. While expanding U.S. manufacturing with $30 billion in investments, Intel faces delays in receiving CHIPS Act funding, pushing the company to explore alternative financing routes.

https://www.notebookcheck.net/Intel-CEO-expresses-frustration-over-CHIPS-Act-delays.913305.0.html
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