Intel stock surges as chipmaker reportedly plans to cut 20% of workforce

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Intel stock surges as chipmaker reportedly plans to cut 20% of workforce

Intel (INTC) stock rose roughly 5.5% on Wednesday after a report from Bloomberg late Tuesday said the chipmaker plans to cut 20% of its workforce.

The report comes just a day before the chipmaker is set to report earnings, which are due out…

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https://finance.yahoo.com/news/intel-stock-surges-as-chipmaker-reportedly-plans-to-cut-20-of-workforce-125743518.html

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