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Published : 2024-08-14 - Duration : 00:42 - View : 2,887
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Intel has sold its share stake in British chip company Arm Holdings, generating over $140 million based on Arm's average stock price. Intel struggles to keep up with competitors like AMD, Qualcomm, and Nvidia in developing high-performance chips optimized for AI workloads. Intel is undergoing a major restructuring and cost-cutting effort. The com...
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