Intel’s struggle to turn itself around continues as the company announced it will layoff 15,000 workers, sending its shares in freefall.
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Intel’s struggle to turn itself around continues as the company announced it will layoff 15,000 workers, sending its shares in freefall.
Intel is cooked
– 15,000+ to be laid off
– $INTC down 29% today
– Dividend suspended
– Foundry business hemorrhaging billions
– Broken Raptor Lake chips unfixable
– ARM taking over laptop market
– ARM taking over data center market
– Totally missed the AI hype train pic.twitter.com/QmqtaiwpM2— Fireship (@fireship_dev) August 2, 2024
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