S
More warning signs for Intel.
Two credit agencies have downgraded Intel’s credit rating to “BBB,” two notches above junk status. (Once companies reach “BB,” they’re no longer considered “safe” investments.) One noted Intel needs “stronger end markets and successful product ramps” to recover.
But Intel appears to be losing market share to AMD, and a new Reuters report suggests it’s struggling to get its 18A process ready for next-gen Panther Lake. (Intel says it’s confident in Panther Lake, though.)
Meanwhile, Intel is shedding more employees and halting investments where it doesn’t have ready customers.
Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Loading comments
Getting the conversation ready...
Most Popular
Most Popular
- OpenAI pauses training of its ‘most capable models’
- Leaks reveal a new Apple HomePod mini, iPad mini, and Apple TV 4K
- Control Resonant is a great game — it’s even better when you read everything
- Can Apple Home’s AI camera features outsmart Amazon’s and Google’s? I put them to the test
- Apple hit with $5.7 billion in damages over haptic patents
