Intel lost half a billion dollars last quarter, confirms price increases, Optane shut down [TechSpot]

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Intel released its second-quarter earnings report for 2022 on Thursday. The company’s revenue dropped by 22 percent year-over-year to $15.3 billion, ending the quarter with a $454 million net loss, a 109 percent drop compared to the $5 billion in profit reported in Q2 2021.

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