Intel’s AI Boom Raked in $2.5 Billion—Then Its Foundry Lost 84% of It
Intel's Q1 results showed strong growth in the DCAI division, but also revealed a large loss in its Foundry business.
Intel made a lot of money from selling computer chips for artificial intelligence, but lost almost all of that money in a different part of the company that makes chips for others. When one part wins big but another part loses even bigger, it tells you a company still has problems to fix before things get better.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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