Reported about 1 month ago
Intel is exploring various strategies to address significant financial losses, including a possible division between its product-design and foundry operations. With investment banks advising the chipmaker, discussions are driven by a recent disappointing earnings report and a sharp decline in stock prices. CEO Pat Gelsinger's ambitious plans for expansion face scrutiny as the company deals with operational losses and seeks to regain market standing within the semiconductor industry.
Source: YAHOO