Big news about Intel, a company that makes computer chips! A court case just ended. Shareholders (people who own parts of the company) sued Intel, saying the company hid some bad news about its business. They said this made the stock price go down a lot.
- Intel lost $7 billion.
- This caused Intel's stock price to drop 26% in one day!
- Intel also had to lay off 15,000 people.
- A judge dismissed the lawsuit, meaning the shareholders didn't win.
Thing | Number |
---|---|
Money lost by Intel | $7 billion |
Stock price drop percentage | 26% |
Job losses | 15,000 |
Market value loss | $32 billion |
This is all about a big company's financial problems, not about cryptocurrencies.