INTC Stock Rises Premarket: Chipmaker Reportedly Plans Data Center Layoffs, Could Unveil Details At Earnings This Week
Intel confirmed that it is “aligning” its Data Center Group for “long-term success,” according to reports. Intel reportedly informed employees in its data center group of planned layoffs. Intel is scheduled to report its second-quarter results on Thursday. Stocktwits sentiment for INTC was ‘bullish’ on Tuesday. Intel is planning layoffs in its data center division, … Read more