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Meta's Reality Labs posts Q1 revenue down 6% YoY to $412M, vs. $492.7M est., and a $4.2B operating loss, vs. $4.6B est.; Reality Labs has lost $60B+ since 2020 (Jonathan Vanian/CNBC)

Jonathan Vanian / CNBC : Meta's Reality Labs posts Q1 revenue down 6% YoY to $412M, vs. $492.7M est., and a $4.2B operating loss, vs....

4 September 2024

The Biden administration's big bet on Intel to lead a US chipmaking revival is in trouble as Intel struggles to meet milestones for receiving CHIPS Act grants (Mackenzie Hawkins/Bloomberg)

Mackenzie Hawkins / Bloomberg:
The Biden administration's big bet on Intel to lead a US chipmaking revival is in trouble as Intel struggles to meet milestones for receiving CHIPS Act grants  —  - Chipmaker is actively reevaluating global manufacturing plans  — Intel faces unclear path to biggest award from subsidy program

Posted from: this blog via Microsoft Power Automate.

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