Intel's Chipmaking Business Faces $7 Billion Loss in 2021 but Sees Brighter Future with EUV Investment

Tuesday, 2 April 2024, 23:44

Intel faced a significant $7 billion loss in its chipmaking business in 2021. However, the company's strategic investment in extreme ultraviolet (EUV) lithography machines is expected to lead to a turnaround by 2027. This move indicates Intel's commitment to innovating and improving its manufacturing process for long-term sustainability and growth.
https://store.livarava.com/d48646db-f160-11ee-8943-87cc5c87fb08.jpg
Intel's Chipmaking Business Faces $7 Billion Loss in 2021 but Sees Brighter Future with EUV Investment

Intel's Chipmaking Business News

Intel reported a staggering $7 billion loss in its chipmaking business in 2021. This financial setback has led to concerns about the company's performance and future prospects.

Strategic Investment for Future Growth

Intel's recent investment in extreme ultraviolet (EUV) lithography machines is a strategic move aimed at improving its manufacturing capabilities.

  • The investment is projected to have a positive impact on the company's financial performance in the coming years.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe