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Intel is preparing to announce plans to lay off more than 20% of its workforce, according to a report by Bloomberg News, citing a source familiar with the situation. The move is part of a broader effort to streamline operations, eliminate inefficiencies, and revive the company's engineering focus.
Intel is gearing up for a bigger push into the gaming handheld space, setting its sights on AMD's stronghold in the market. According to Robert Hallock, Intel's VP and GM of Client AI and Technical Marketing, the company is ramping up efforts to support developers and manufacturers who want to create handheld gaming devices powered by Intel chips.
