The decline in sales comes as the economic environment pushes down shipments of personal computers. Intel is looking to deliver $3 billion in cost-cutting measures by 2023.
Intel CEO Pat Gelsinger told the Journal that the company is looking at divestitures as another cost-saving option along with the layoffs.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
