Intel is facing severe challenges as it attempts to adapt to the evolving AI landscape, struggling against competitors like Nvidia, whose market cap far surpasses Intel's.
Pat Gelsinger’s upcoming proposal aims to cut costs and potentially sell off parts of the company, such as the Altera division, to streamline operations.
As Intel updates its structure, separating its foundry and design businesses signifies a strategic shift to protect intellectual property while pursuing growth in a competitive market.
With its recent financial downturn, Intel's market value has dropped significantly, leading to urgent discussions regarding business restructuring at an upcoming board meeting.
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