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.

  • CheeseNoodle@lemmy.world
    link
    fedilink
    English
    arrow-up
    19
    ·
    3 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.