San Francisco ¨C Intel on Thursday posted quarterly revenue that topped market expectations, saying it has cut about 15% of its workforce to be ¡°more agile.¡±
The U.S. chipmaker 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 chipmaker¡¯s earnings report came as rivals specializing in graphics processing units (GPUs) for artificial intelligence thrive due to rapid adoption of the technology.
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