Intel bets the company

Intel is betting the company. In the Q3 results presentation CEO Pat Gelsinger (pictured) said that 2022 revenue will shrink from $77.7 billion to around  to $74 billion and gross margins will be down to 51- 53% for the next few years while capex will run at $25-$28 billion and R&D costs will be around $15 billion. ...

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