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  • Intel Lost Nearly $AU715 Million In Brutal Second Quarter

    Intel Lost Nearly $AU715 Million In Brutal Second Quarter

    Intel could really use a few bucks from the recently passed (by Congress, at least) $US280 ($AU401) billion CHIPS and Science ACT. The U.S. chipmaker shocked investors on Thursday, revealing it lost nearly $US500 ($AU716) million in Q2, its first quarterly loss in years. The company cited weakened demand for PC components and downturns in…