Intel's foundry business bled $7B in 2023 with more to come
CEO Gelsinger promises sunny days ahead as he confirms reorg
Systems
3 Apr 2024 | 18
Intel held an "everything must go" transponder sale this week, shipping the telecom bits of its Optical Platform division to EMCORE for $85m. Lucky duck that it is, Emcore will have at Intel's tunable lasers, tunable transponders, 300-pin transponders and integrable tunable laser assemblies. The company figures that it can now …