Funding Details
- Awarder
- RSS - tech.eu
- Date Award
- August 02, 2024
- Vertical
- Semiconductors
- Funding URL
- View Funding Page
Company Info
- Founding Year
- 1968
- Traction
- Intel's share price fell by 20% following the announcement of layoffs, indicating significant market reaction to its financial struggles.
- Company Description
- Intel is a leading chip manufacturer that has been facing challenges in maintaining its market position against competitors like NVIDIA and AMD. The company has recently announced significant layoffs and a pause on non-essential projects to revive profits and adapt to changing market demands, particularly in the area of artificial intelligence.
- Market
- Technology
- Location
-
Santa Clara,
CA,
US
Links