Intel said it took in $20 billion in revenue during the final quarter of last year, little changed from a year earlier, amid robust sales of personal computers.
The hedge fund told the company it should consider outsourcing its manufacturing operations to keep pace with rivals in the sector such as Taiwan-based TSMC and South Korean giant Samsung. He said he also plans leadership changes at the company, promising to share more of what he has in mind for Intel after he takes over as chief executive.“Intel, IBM and others are the old tech stalwarts with many new kids on the block gaining share in this tech paradigm shift.”
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What happened to Intel? 😳