Intel to cut 15,000 Jobs Amid Churn in Chip Industry | Vantage with Palki Sharma
American chip-maker Intel will be cutting 15% of its workforce in a bid to cut costs amid mounting losses. Amid the churn in the chip industry, Intel is pivoting to manufacturing more advanced AI chips. Meanwhile, the industry leader Nvidia has lost 10% of its stock value in the last one month. What is causing this turbulence in this multi-billion-dollar industry? Palki Sharma tells you.
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Intel | Jobs | Layoffs | Chip Industry | Nvidia | Artificial Intelligence | Firstpost | World News | News Live | Vantage | Palki Sharma | News
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Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
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