Intel allegedly strategizing to fight activist investors
Briefly

In light of significant losses and pressures from shareholders, Intel is reportedly strategizing on how to defend itself against potential activist investors looking to enforce changes.
Intel's recent challenges include a $1 billion quarterly loss, mass layoffs, shareholder lawsuits over misinformation, and issues with faulty Raptor Lake chips, creating a precarious situation.
Given the emergence of strong competition from companies like Nvidia and AMD, Intel's leadership is presumably eager to safeguard the company's interests against an activist investor push.
With Intel shares plummeting nearly 60% in value and ongoing shareholder lawsuits, developing an anti-activist strategy appears crucial to stabilize the firm amidst mounting pressures.
Read at Theregister
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