Intel CEO says it's "too late" for them to catch up with AI competition — reportedly claims Intel has fallen out of the "top 10 semiconductor companies" as the firm lays off thousands across the world
plz1 @ plz1 @lemmy.world Posts 5Comments 572Joined 2 yr. ago
plz1 @ plz1 @lemmy.world
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They got nearly $8 billion in the CHIPS act less than a year ago, and they are still laying off? I'm guessing they lit that money on fire with stock buybacks, as is tradition.