Intel lost $16.6B last quarter.
The biggest difference from 2023 Q3 is a massive loss in "Cash flows provided by (used for) operating activities". Too many pizza parties I guess. This feels more like creative accounting to justify the layoffs and other cut backs.
I think you have a lot more reading to do. This industry is hard to grasp and it's the most capital intensive industry that exists.
They're not throwing pizza parties.
No, I wouldn’t.