“Intel Records Massive Losses in Q1 2023 Due to Drop in Sales: Analysis and Update”

2023-04-27 20:21:33

The American company had already fallen into the red at the end of 2022 due to a sharp drop in sales of personal computers and smartphones.

By Le Figaro with AFP

Posted

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The group recorded massive losses of 2.8 billion. Joshua Lott / REUTERS

The turnover of american giant Intel semiconductors fell 36% in the first quarter to $11.7 billion, and the group posted massive losses of $2.8 billion, it said on Thursday.

” READ ALSO – Intel sinks into a complicated year 2022

Intel had already fallen into the red at the end of 2022 due to the sharp drop in sales of personal computers and smartphones.

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