Hardware

Hardware

Cutting-edge PC hardware and enthusiast computing. CPUs, graphics cards, storage, and gaming gear defining the computing world.

intel financials

Intel posts biggest quarterly loss in company history as processor sales plunge

Bottom line: Unlike other tech giants like Microsoft and Google, Intel's bottom line is hurting this year. The company saw a $2.8 billion loss in Q1 – the worst in its history and a major hit at a time when it is scrambling to pivot towards an open foundry model and protect its future. CEO Pat Gelsinger assumed a lot of risks with the new strategy and believes it will pay off in spades, but we'll have to wait and see.
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