Intel defeats shareholder lawsuit over foundry losses, $32 billion plunge
A man walks past the Intel logo at its booth during the first China International Supply Chain Expo (CISCE) in Beijing, China November 28, 2023. REUTERS/Florence Lo/File Photo Purchase Licensing Rights, opens new tabMarch 5 (Reuters) - Intel (INTC.O), opens new tab won the dismissal of a shareholder lawsuit accusing the chipmaker of fraudulently concealing problems in its foundry business, leading to job cuts and a dividend suspension that wiped out more than $32 billion of market value in one d...
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