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Benzinga
Benzinga
Business
Namrata Sen

Jim Cramer Calls Out Intel's $18.8 Billion Foundry Loss Despite Subsidies: 'We Sell Your Stock'

Jim Cramer CNBC INTC Intel Corporation AMD
New,York,City,-,October,5,2017:,The,Brooklyn,Bridge

Jim Cramer, the host of CNBC’s “Mad Money,” spotlighted Intel Corporation’s (NASDAQ:INTC) staggering $18.8 billion loss in its foundry division in 2024, despite receiving $8.5 billion in U.S. CHIPS Act subsidies.

Cramer Questions US Chip Push Amid Intel’s Deep Losses

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