Intel loses $2.8 billion in another not-great quarter, down 36% year over year
Briefly

Intel has released its financial results for the first quarter of 2023, and the numbers aren't good: The company brought in $11.7 billion, a drop of 36 percent from Q1 of 2022.Because of the decline in revenue, Intel lost $2.8 billion, the biggest loss in the company's history.Intel's two biggest divisions-its client computing group that sells products made for end users and its data center group that sells server products-were down 38 and 39 percent, respectively.
Read at Ars Technica
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