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Aug 4, 2024, 9:30 pm357 ptsTop
Digitimes
Intel's recent announcement to cut 15% of its workforce (approximately 15,000 employees) and reduce capital expenditures to save US$10 billion may undermine its goal of reclaiming leadership in the semiconductor industry. The company's share price plunged 26% on August 2, marking its worst single-day decline in…
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