
What you need to know
- Intel is a company in turmoil, having laid off thousands of staff this year in attempts to balance its books.
- With billions in losses over the past few years, many have questioned CEO Pat Gelsinger's ability to deliver.
- A new report suggests that ill-advised comments on the sovereignty of Taiwan may have cost the U.S. chip designer millions more following the termination of a lucrative discount on chip wafers.