babysandpiper@sopuli.xyz to News@lemmy.world · 2 months agoIntel 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 worldwww.tomshardware.comexternal-linkmessage-square27fedilinkarrow-up1183arrow-down11
arrow-up1182arrow-down1external-linkIntel 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 worldwww.tomshardware.combabysandpiper@sopuli.xyz to News@lemmy.world · 2 months agomessage-square27fedilink
minus-squareplz1@lemmy.worldlinkfedilinkEnglisharrow-up19·2 months agoThey 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.
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.