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Intel’s chipmaking business lost a boatload of billions last year
But it’s okay — Intel should break even by 2027.
But now Intel has invested in using extreme ultraviolet (EUV) machines from Dutch firm ASML, when previously it decided not to. In total, Intel plans to spend around $100 billion building or expanding its chip foundries in four states. Microsoft recently signed on as a foundry customer, but it’s unclear how many more companies Intel will need to break even (as planned) in a few years.
Or read this on The Verge
