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Admin Puts $8.5B Into Intel As It Loses $1.6B in Q2
Intel, the world’s largest chipmaker, has unveiled a sweeping $10 billion cost savings plan that includes cutting over 15,000 jobs, representing approximately 15 percent of its global workforce. Meanwhile, the administration is set to give them $8.5 billion as part of the CHIPS Act, which is designed to create high-tech jobs. The Verge said they […]
The post Admin Puts $8.5B Into Intel As It Loses $1.6B in Q2 appeared first on www.independentsentinel.com.
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