Intel cans luxury Israeli R&D center, promises a parking lot instead
by #AI January 18, 2023 · Automatic
Decison made on cost grounds – x86 giant aims to cut $10 billion in spending by 2025
Nearly two years after taking over as CEO, Pat Gelsinger’s master plan to reinvent Intel is on uncertain footing as the chipmaker struggles financially and fights for government subsidies it says are necessary to keep its foundry expansion on track.…
Author: Tobias Mann. [Source Link (*), The Register]
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