In what is a testament to how far Intel, the erstwhile giant of the semiconductor sphere, seems to have fallen lately, Fitch has now downgraded team blue's credit standing to just two notches above junk status, which echoes similar steps taken by Moody's and S&P Global back in 2024. To wit, Fitch has now slashed Intel's credit rating for its long-term debt from BBB+ to BBB, while pegging a negative outlook on this rating, which suggests that further downgrades remain a possibility. Do note that BBB status is the last rung of what Fitch describes as an "investment grade" rating. […]
Read full article at wccftech.com/intels-credit-rating-slashed-to-just-2-notches-above-junk-status-fitch-now-wants-to-see-successful-product-ramps-and-net-debt-reduction-for-a-re-rating/
Hence then, the article about intel s credit rating slashed to just 2 notches above junk status fitch now wants to see successful product ramps and net debt reduction for a re rating was published today ( ) and is available on Wccf tech ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Intel’s Credit Rating Slashed To Just 2 Notches Above Junk Status: Fitch Now Wants To See “Successful Product Ramps” And “Net Debt Reduction” For A Re-Rating )
Also on site :
- Despelote showed me the year's greatest intro sequence, and its greatest advert for video games full stop
- What ‘data center alley’ portends for America’s AI-powered future
- Donkey Kong Bananza might not be the best game of the year, but it's surely the one I loved the most