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Intel records $1.6 billion Q2 net loss; shares plunge 26% over gloomy growth forecasts

By Livemint - 4 months ago
Intel Corp reported a $1.6 billion net loss for the April to June quarter results of calendar year 2024. The chipmaker's shares fell more than 26 per cent, its largest intraday fall in 40 years as the company plans to cut 15,000 jobs.

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