Will more funding be needed to keep Intel competitive?

Will more funding be needed to keep Intel competitive?

On 1 August 2024, Intel announced financial results for the second quarter of 2024. They weren’t pretty; the company’s stock dropped more than 25 percent as it announced an aggressive plan to cut costs, including layoffs that will impact 15 percent of its entire workforce.

  • Varyk@sh.itjust.worksEnglish
    3·
    2 months ago

    thanks for the write-up.

    i knew something had happened there but only read half headlines.

    Thats an amazing story and gokd to know, thanks for clarifying and condensing it for me.

    have a good one!