Intel could potentially be on Apple’s acquisition portfolio amid financial struggles, emancipating itself from an overreliance on TSMC for chips — but Samsung could have better standing
Over the past few months, Intel has been facing a challenging situation. The issues it’s dealing with can be linked back to CEO Pat Gelsinger announcing a significant move – the reduction of 15,000 employees, which is an unprecedented step in cost-cutting efforts. This decision aims at achieving $10 billion in savings by 2025.