Another Quarter, Another $2.8 Billion Loss For Intel

On The Plus Side, They Killed Their Bitcoin Mining ASIC

Intel did not have good news for investors this quarter, reporting the largest loss in the company’s history and a 133% annual reduction in earnings per share.  Unfortunately this news is not unexpected, as demand for new computers and components continue to fall every manufacture have seen serious declines in earnings, at best.  No one is expecting good news next quarter either.

As Ars Technica points out, some of Intel’s problems are unique to them, such as the delay in the release of Sapphire Rapids which has helped AMD take…