Intel faces a number of rivals in addition to a battle to maintain its position as the largest chip maker in America by revenue. - hackernoontechnews latesttechstories
Intel recorded a $664 million loss overall in the year's last quarter. Revenues were down 32% to $14 billion.
CEO Pat Gelsinger remained upbeat about the future growth of the company. Despite acknowledging that the business may continue to decline, he stated that such a decline may only last for the first quarter.
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