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Intel to Announce Plans This Week to Cut More Than 20% of Staff (www.bloomberg.com)

submitted 1 day ago by Tea@programming.dev to c/technology@lemmy.world

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Intel Corp. is poised to announce plans this week to cut more than 20% of its staff, aiming to eliminate bureaucracy at the struggling chipmaker, according to a person with knowledge of the matter.

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[–] Someonelol@lemmy.dbzer0.com 11 points 1 day ago (1 children)

Considering how badly Nvidia's been pricing their dGPUs, the market's ripe for a low cost alternative to fill a niche for years to come.

[–] dissipatersshik@ttrpg.network 3 points 17 hours ago

'Competitors' just use nvidia's price gouging as an excuse to charge more themselves.