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Intel’s Troubles Complicate U.S. Chip Independence (spectrum.ieee.org)
submitted 11 months ago by flango@lemmy.eco.br to c/technology@lemmy.world
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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.

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[-] CheeseNoodle@lemmy.world 19 points 10 months ago

Nah we want Intel to live so that AMD still has real competition, same reason I'm in favour of Intel getting into the GPU market.

this post was submitted on 31 Aug 2024
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