
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…