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Intel has been making industrial chips for the car industry since 1976, but in the last decade or so, it has been moving into ...
Intel is making a clean break from the road. In a decisive move to sharpen its focus and rein in spending, the tech giant has confirmed it will shut down its automotive unit and lay off most of the ...
Stocktwits on MSN13h
Intel Reportedly Shutting Down Auto Arm, Laying Off Most Employees Amid Ongoing Cost-Cutting DriveIntel (INTC) is reportedly shutting down its automotive unit and will lay off most employees in that segment, the company told staff in an internal message. “The company plans to wind down the Intel ...
Tom's Hardware on MSN16h
Intel lays off hundreds of engineers in California, including chip design engineers and architects — automotive chip division also gets the axeIntel has begun laying off employees in California — including design engineers — as part of CEO Lip-Bu Tan's plan to cut ...
Intel’s stock surged 6.4% after positive developments boosted investor confidence. Counterpoint Research revealed Intel grabbed 6.5% of the foundry market, ranking second behind TSMC. Samsung’s pivot ...
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