Intel Posts More Than $16 Billion Loss but Says Sales Outlook Is Improving

The chip maker attributed nearly $16 billion in charges to its sweeping restructuring efforts. The company’s rosy sales forecast sent shares up about 8% after hours.

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Intel Posts More Than $16 Billion Loss but Says Sales Outlook Is Improving

Topics

Related

Intel Posts $16.6 Billion Quarterly Loss, Its Biggest Ever

EBay’s sales outlook comes in weaker, and stock falls more than 7%

Coinbase CEO Brian Armstrong is more than $2 billion richer after post-election stock pop

JetBlue’s stock tumbles as downbeat revenue outlook raises risk of more losses

Meta’s Reality Labs posts $4.4 billion loss in third quarter

Home Depot’s sales are improving, but it says consumers are still cautious about spending

Indonesia’s iPhone 16 ban will hurt consumers more than Apple

Chevron beats earnings expectations, returns more than $7 billion to shareholders

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