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Cryptopolitan 2024-09-17 02:15:37

Intel is spinning off its chipmaking business into a separate entity

Intel has announced plans to spin off its chipmaking business and establish Intel Foundry, which will stand as an independent subsidiary, as part of efforts to turnaround strategy. The move is also expected to offset the billions of dollars in losses incurred by the company. According to Intel CEO Pat Gelsinger’s Monday announcement the chipmaking

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