Intel to report second quarter earnings amid reports of layoffs

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Intel will report its second quarter earnings after the bell on Thursday.

) will report its second quarter earnings after the bell on Thursday, as the company continues its massive turnaround effort and amidst reports that it plans to lay off thousands of workers.), while working to build out its AI chip and third-party foundry businesses. All of this comes as the PC market is in the early stages of a recovery after eight consecutive quarters of declines following the explosive growth the industry experienced at the onset of the COVID-19 pandemic.

The chip offers better power and battery life than competing Intel and AMD chips, making it a quality rival for Apple’s own M-series chips. But Intel is expected to launch its answer to Qualcomm’s processor later this fall. IRVING, Texas, August 01, 2024--Vizient announced it has completed its acquisition of Kaufman Hall, bringing together two of the industry's most trusted healthcare advisors.WASHINGTON — Canadian-born Paul Whelan and an honorary Canadian citizen were set free Thursday as the United States and Russia completed their largest prisoner swap in post-Soviet history.

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