Intel defeats a shareholder lawsuit accusing it of fraudulently concealing problems in its foundry unit, leading to job cuts and a $32B stock plunge (Jonathan Stempel/Reuters)

Jonathan Stempel / Reuters: Intel defeats a shareholder lawsuit accusing it of fraudulently concealing problems in its foundry unit, leading to job cuts and a $32B stock plunge  —  Intel (INTC.O) won the dismissal of a shareholder lawsuit accusing the chipmaker of fraudulently concealing problems in its foundry business …

Mar 6, 2025 - 06:51
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Intel defeats a shareholder lawsuit accusing it of fraudulently concealing problems in its foundry unit, leading to job cuts and a $32B stock plunge (Jonathan Stempel/Reuters)

Jonathan Stempel / Reuters:
Intel defeats a shareholder lawsuit accusing it of fraudulently concealing problems in its foundry unit, leading to job cuts and a $32B stock plunge  —  Intel (INTC.O) won the dismissal of a shareholder lawsuit accusing the chipmaker of fraudulently concealing problems in its foundry business …