Intel cuts back spending, workforce as struggling chip maker mounts comeback

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Intel cuts back spending, workforce as struggling chip maker mounts comeback

bostonherald.com/2025/07/25/intel-layoffs

By BARBARA ORTUTAY
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the struggling chipmaker that helped launch Silicon Valley but has fallen behind rivals like Nvidia Corp. and Advanced Micro Devices Inc.
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This story appeared on bostonherald.com, 2025-07-25 20:15:30.