Intel Looks For Options To Escape The Dire Financial Situation, Foundry Business Likely To Take A Massive Hit
Intel is facing its worst financial period and is seeking assistance from investment banks. The company may cut some projects and implement a significant restructuring plan, which could involve dividing its foundry division. Additionally, Intel is struggling to market its consumer products effectively as it navigates these challenges.
Intel is now working with investment banks to recover from the "worst" financial period the firm has faced in its history, and there are rumors that Intel might scrap some existing projects. Intel Might Implement A More Extensive Restructuring Policy, Likely Involving Splitting Of Its Foundry Division Team Blue is in deep waters right now, not just in terms of financial status. Still, the company is having difficulty "pitching" its consumer products. Bloomberg reports that Intel is seeking financial advice from investment banks to try to find a way out of the firm's terrible business situation, and one rumored proposition […]
Read full article at https://wccftech.com/intel-options-to-escape-dire-financial-situation-foundry-business-massive-hit/