MarketWatch: Fitch Downgrades Intel’s Rating to BBB+ From A-
Fitch Ratings has downgraded Intel’s credit rating from A- to BBB+, citing concerns about the company’s ability to generate higher free cash flows. This decision reflects the ongoing challenges faced by Intel, including increased competition in the semiconductor industry and delays in its transition to next-generation chip technology. Intel, one of the world’s largest chipmakers, … Read more