Intel reports second quarter loss after booking EU antitrust fine; Signals worst trading conditions in history for chip industry are over
Jul 15th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Intel on Tuesday reported a second-quarter loss of $398 million after booking a $1.45 billion antitrust fine from the European Union (EU). A year earlier, the chip maker earned $1.6 billion. The chip giant signalled that the worst trading conditions in history for the chip industry are over.