Intel’s chipmaking ambitions aren’t turning out too well, as according to a new report, the company now plans to lay off thousands of employees at its Oregon facility. Intel Doesn’t Look Much Optimistic Towards the Chip Business, Despite Being the Biggest Recipient of the CHIPS Act America’s native chip company has difficulty finding ground in the industry, especially in the past few quarters, since Team Blue’s finances are simply going down the drain. Despite massive ambitions, the foundry division has failed to deliver on expectations, and now, the new CEO, Lip-Bu Tan, looks to take aggressive decisions to put the […]
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