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Tags: Gaudi-ai-chips

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Intel Cuts 15% Workforce, Halts Chip Projects

  Intel Cuts 15% Workforce, Halts Chip Projects Amid Mounting Losses and AI Pivot

  • by Martech Desk
  • Jul 29, 2025

Intel slashes 15% of its workforce and suspends multibillion-dollar chip expansion plans as it faces mounting losses. The move aims to revive profitability and strengthen the company’s AI ambitions.

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