San Francisco, United States, July 24, 2025 (AFP) - US chip maker Intel says revenue rose as it cut ranks

NAMPA / AFP

2025-07-25

Intel on Thursday posted quarterly revenue that topped market expectations, saying it has cut about 15 percent of its workforce to be "more agile." The US chip maker also said it "will no longer move forward" with projects in Germany and Poland as part of a push to save billions of dollars. The struggling chip maker's earnings report came as rivals specializing in graphics processing units (GPUs) for artificial intelligence thrive due to rapid ad......

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