Intel was also better than analysts expected, but stock prices fell
After Intel's financial results were announced, stock prices fell 8%, sales increased, and gross profit increased, but in the first place, there was an operating deficit and final deficit from the previous year.
There is no point in saying that the factory will not be completed “Strong innovation in each portfolio of clients, edge, and data centers is driving a double-digit increase in sales of Intel products.
Source: https://www.intc.com/news-events/press-releases/detail/1692/intel-reports-first-quarter-2024-f
Now that Intel 3 has entered the mass production system, cutting-edge semiconductors will be manufactured in the US for the first time in almost 10 years, and along with the growth of Intel foundries, we plan to regain control of the process next year.”
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