Intel’s recent layoffs take an unexpected turn
The chip manufacturer has made a major update to its layoff plan.
It's no secret that Intel (INTC) is for the time being at the aid of within the chip manufacturing speed, when in contrast to its competitors Nvidia, IBM, and Samsung.
Intel’s failure to enhance its chip manufacturing processes mainly contributed to it suffering a discover income lack of roughly $887 million and a 3% one year-over-one year decline in product income for the length of the principle quarter of 2025.
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