Intel says Israel fab explosion to cost $600m in losses as Q3 '26 revenue hits $16.5bn

[DCD] Intel said an explosion at its Israel fab will cost the company $600m in losses, according to Data Center Dynamics. The chipmaker said Intel Foundry operating losses narrowed quarter on quarter and that 14A customer announcements are coming soon. Intel reported third-quarter 2026 revenue of $16.5bn, according to the report.