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.
5 points
There’s a reason why AMD with such a lower staff count has managed to leapfrog Intel.
AMD just makes the designs and farms out manufacturing. Intel has to make the designs and manufacture the chips themselves.
4 points
