Will more funding be needed to keep Intel competitive?

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.

  • psycho_driver@lemmy.worldEnglish
    5·
    4 months ago

    And this is why I don’t understand why Nvidia is valued so highly on the stock market.

    Don’t hold your breath waiting for anything about the stock market to make sense.