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Intel jumps 7% as it returns to profitability after two quarters of losses

Intel management has told investors that the company's turnaround will take time, and that it is aiming to match TSMC's

Intel shares fell Friday, after the company reported horrid quarterly and full-year results, off slackening chip demand. Source link

"Clearly, the financials aren't what we would hoped," Gelsinger told analysts. Source link

The milestone also suggests that investors may value an asset-light chipmaker over one that's investing heavily in manufacturing. Source link

The milestone also suggests that investors may value an asset-light chipmaker over one that's investing heavily in manufacturing. Source link

Intel CEO Pat Gelsinger said the extended timeline for the chip crunch is now due to a lack of manufacturing