Intel's Strategic Overhaul: Cost-Cutting Measures and Divestments
Intel's CEO, Pat Gelsinger, is gearing up to propose a significant strategic overhaul aimed at streamlining operations and reducing costs to its board of directors. This proposal, set for a mid-September board meeting, is expected to include plans to divest certain non-core businesses, with a notable focus on the programmable chip division, Altera.
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