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

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

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. 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 took to X on Wednesday to highlight the financial challenges of domestic semiconductor…

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We're upgrading our rating on Disney thanks to a misguided market reaction to earnings

We’re upgrading our rating on Disney thanks to a misguided market reaction to earnings

Disney shares are under pressure Wednesday after the entertainment giant reported mixed quarterly results. We think it’s an opportunity. Revenue in the three months ended June 28 increased 2% year over year to $23.65 billion, missing expectations of $23.73 billion, according to LSEG. Adjusted earnings per share (EPS) in the fiscal 2025 third quarter totaled…

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