No biggie, it was only supposed to help fund a big manufacturing expansion
for Intel to rebound from past missteps and surpass Asian foundry giants TSMC and Samsung with cutting-edge manufacturing technology by 2025.
The company's financials are set to take a hit because Intel plans to use roughly 35 percent of its 2022 revenue for capital expenditure, which will then go down to 25 percent for 2023 and 2024, when the company expects its cash flow to become neutral.
Belgique Dernières Nouvelles, Belgique Actualités
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