Intel’s debt is increasing, revenue is decreasing, and interest rates are still rising. Effectively making Intel’s debt more expensive

Am I understanding this correctly? I love this company but they are saddled with more debt than ever before and that debt is more expensive than ever before. Meanwhile their revenues and profits are decreasing. They also cut their dividend, which is good to offset some of these problems but this means even LESS returns for investors.

I want to own shares of this company very badly but the market refuses to let it fall and I can't justify buying it right now if I'm understanding their earnings report correctly. I am curious what everyone else thinks. I am on a hold/sell position with Intel right now, I certainly believe in the company longterm but that belief isn't worth the added risk of getting in at current prices.