Intel announces a drastic decision to fix its struggling business
Intel continues to face a harsh reality, prompting it to make a drastic move.
Over the past few months, Intel (INTC) has doubled down on fixing a grim fact surrounding its change. The firm has fallen within the again of its opponents, such as Nvidia, IBM, and Samsung, due to its failure to innovate its chip manufacturing processes.
Earlier this month, Intel CEO Lip-Bu Tan even told workers at some stage in a dialog broadcast that the firm isn't any longer a frontrunner in its change.
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