techi<p>Intel reported a $800 million loss in Q1 and plans to reduce operational expenses by cutting management layers and focusing on AI. CEO Lip-Bu Tan is restructuring the company for efficiency, promoting key leaders, and targeting a $17 billion operational budget in 2025, down from $17.5 billion.</p><p><a href="https://mstdn.social/tags/Intel" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Intel</span></a> <a href="https://mstdn.social/tags/QuarterEarnings" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>QuarterEarnings</span></a> <a href="https://mstdn.social/tags/Restructuring" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Restructuring</span></a> <a href="https://mstdn.social/tags/AI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AI</span></a> <a href="https://mstdn.social/tags/TechNews" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TechNews</span></a> <a href="https://mstdn.social/tags/LipBuTan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>LipBuTan</span></a> <a href="https://mstdn.social/tags/CompanyRestructure" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CompanyRestructure</span></a> <a href="https://mstdn.social/tags/TECHi" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TECHi</span></a></p><p>Read Full Article Here :- <a href="https://www.techi.com/intel-reduce-operational-capital-expenses-first-quarter-earning/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">techi.com/intel-reduce-operati</span><span class="invisible">onal-capital-expenses-first-quarter-earning/</span></a></p>