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🤗 Intel lost $18.8B, but investors are chill

Intel → closed 2024 with a staggering $18.8 billion loss, yet its stock jumped 3.6% after earnings beat expectations.

Q4 revenue hit $14.26B (vs. projected $13.81B), though net losses hit $126M—a sharp drop from last year’s $2.67B profit. Meanwhile, the hunt for a new CEO continues.

@durovs_code
Durov˙s Code Intel Ends 2024 with $18.8 Billion in Losses Intel reported a $18.8 billion loss in 2024, but its stock still rose 3.6% as quarterly revenue exceeded expectations.
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