However, Intel is still restructuring through a 15% workforce cut, canceled fab projects in Germany and Poland, and a delay to its Ohio plant until 2030.
Intel rallies 114% in April on earnings, AI hopes
However, Intel is still restructuring through a 15% workforce cut, canceled fab projects in Germany and Poland, and a delay to its Ohio plant until 2030.
The growth was driven by Tesla orders and higher spending on food services and groceries.
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