ChipsNotebookcheckabout 2 hours ago
Intel Loses $600 Million Due to Explosion
1 min read
Intel reveals a factory explosion in Israel caused about $600 million in revenue loss across two quarters. The October 14 incident halted production for two weeks, killing two workers and injuring a third. CFO David Zinsner states fourth-quarter revenue drops by $300 million while PC processor revenue fell 5% to $8.1 billion.
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