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.

  • Viking_Hippie@lemmy.world
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    2 months ago

    They’ve had fab problems for years

    Just checking: do you mean fabrication problems or FABULOUS problems? 😛