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Overall, Intel revenue was also reported to be down 31% year-over-year.
In response to this news, shares predictably have fallen by over 4%.
Intel Operating Segment Reporting for 2023 as revealed on April 2, 2024.
The switch would have been costly up front, but could potentially have helped the company overall.
So it seems that 30% are being outsourced to Intel partners.
Until then, Intel will continue to rely on outsourcing partners.
Intel Operating Segment Reporting for 2023 as revealed on April 2, 2024.
However, a new operating plan will be put in place in Q1 2024.
After that, Intel foundry and Intel products reports will be recorded separately going forward.
