Uncategorized – RosyJam https://rosyjam.com Fri, 02 Aug 2024 11:42:55 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://rosyjam.com/wp-content/uploads/2024/07/cropped-Gemini_Generated_Image_hwsra5hwsra5hwsr-removebg-preview-32x32.png Uncategorized – RosyJam https://rosyjam.com 32 32 Intel to lay off nearly 17,500 workers, suspend dividend in turnaround push https://rosyjam.com/intel-to-lay-off-nearly-17500-workers-suspend-dividend-in-turnaround-push/?utm_source=rss&utm_medium=rss&utm_campaign=intel-to-lay-off-nearly-17500-workers-suspend-dividend-in-turnaround-push https://rosyjam.com/intel-to-lay-off-nearly-17500-workers-suspend-dividend-in-turnaround-push/#respond Fri, 02 Aug 2024 11:42:54 +0000 https://rosyjam.com/?p=2205 Intel said on Thursday it would cut more than 15 per cent of its workforce, some 17,500 people, and suspend its dividend starting in the fourth quarter as the chipmaker pursues a turnaround focused on its money-losing manufacturing business.

It also forecast third-quarter revenue below market estimates, grappling with a pullback in spending on traditional data center semiconductors and a focus on AI chips, where it lags rivals.

The results did not rock the broader chip industry.

AI powerhouse Nvidia and smaller rival AMD ticked up after hours, underscoring how well-positioned they were to take advantage of the AI boom, and Intel’s relative disadvantage.

“I need less people at headquarters, more people in the field, supporting customers,” CEO Pat Gelsinger told Reuters in an interview, talking about the job cuts. On the dividend suspension, he said: “Our objective is to … pay a competitive dividend over time, but right now, focusing on the balance sheet, deleveraging.”

Intel is in the middle of a turnaround plan, focused on developing advanced AI processors and building-out its for-hire manufacturing capabilities, as it aims to recoup the technological edge it lost to Taiwan’s TSMC, the world’s largest contract chipmaker.

The push to energise that contracting foundry business under Gelsinger has increased Intel’s costs and pressured profit margins. More recently, the chipmaker has said it will cut costs.

On Thursday, Intel announced it would cut operating expenses and reduce capital expenditure by more than $10 billion in 2025, more than it initially planned.

“A $10 billion cost reduction plan shows that management is willing to take strong and drastic measures to right the ship and fix problems. But we are all asking, ‘is it enough’ and is it a bit of a late reaction considering that CEO Gelsinger has been at the helm for over three years?” said Michael Schulman, chief investment officer of Running Point Capital.

The company had cash and cash equivalents of $11.29 billion, and total current liabilities of about $32 billion, as of June 29.

Intel’s lagging position in the market for AI chips has sent its shares down more than 40 per cent so far this year.

For the third quarter, Intel expects revenue of $12.5 billion to $13.5 billion, compared with analysts’ average estimate of $14.35 billion, LSEG data showed. It forecast adjusted gross margin of 38 per cent, well short of market expectations of 45.7 per cent.

Cutting capex 

Analysts believe Intel’s plan to turn around the foundry business will take years to materialise and expect TSMC to maintain its lead in the coming years, even as Intel has ramped up production of AI chips for personal computers.

]]> https://rosyjam.com/intel-to-lay-off-nearly-17500-workers-suspend-dividend-in-turnaround-push/feed/ 0 New Blog https://rosyjam.com/new-blog/?utm_source=rss&utm_medium=rss&utm_campaign=new-blog https://rosyjam.com/new-blog/#respond Sat, 27 Jul 2024 06:12:47 +0000 https://rosyjam.com/?p=2159 A quick brown fox jumps over the lazy dog

]]> https://rosyjam.com/new-blog/feed/ 0 Do You Like Your Playing Style? Try New Kill La Kill https://rosyjam.com/do-you-like-your-playing-style-try-new-kill-la-kill-2/?utm_source=rss&utm_medium=rss&utm_campaign=do-you-like-your-playing-style-try-new-kill-la-kill-2 https://rosyjam.com/do-you-like-your-playing-style-try-new-kill-la-kill-2/#respond Mon, 29 Aug 2022 15:56:30 +0000 https://itcroctheme.com/wp/demos/themes/benqu/teslas-cooking-up-a-new-way-to-wire-its-cars-report-says-2-copy/ Grursus mal suada faci lisis Lorem ipsum dolarorit ametion consectetur elit. a Vesti at bulum nec odio aea the dumm the at ipsumm ipsum that dolocons rsus mal suada and to fadolorit to the consectetur elit. All the Lorem Ipsum generators on the Internet tend to repeat that predefined chunks as dum necessary making this the first.

Lorem reasonable. Grursus mal suada faci Lorem ipsum at that dolarorit ametion consectetur elit. Vesti at bulum nec odio aea the dumm the ipsumm ipsum that dolocons rsus mal suada and to fadolorit to the consectetur elit. All the Lorem Ipsum generators on the Internet

tend to repeat that predefined the chunks as dum necessary true ready combined Lorem reasonable true many generator combined is no ready to Works.

Benqu Projects: A Multi-purpose Joomla Template for NFT and Portfolio

Grursus mal suada faci lisis Lorem ipsum dolarorit ametion consectetur elit. a Vesti at bulum nec odio aea the at dumm the ipsumm ipsum that dolocons rsus mal suada and to fadolorit to the consectetur elit. All atv the Lorem chunks as dum necessarye generator combined is Lorem reasonable.

Grursus mal suada faci lisis Lorem ipsum dolarorit ametion consectetur elit. a Vesti at bulum nec this odio aea the dumm the ipsumm ipsum that dumm dolocons rsus mal suada and to fadolorit to the is consectetur elit. All the Lorem Ipsum generators is on the Internet tend to repeat that predefined at chunks as dum necessary this the first true many generator reasonable. Grursus mal suada faci lisis Lorem ipsum dolarorit ametion consectetur elit. a Vesti at bulum nec odio aea the dumm .

Global meets hyperlocal

Grursus mal suada faci lisis Lorem ipsum dolarorit ametion consectetur elit. a Vesti at bulum nec this odio aea the and dumm the ipsumm ipsum that dumm dolocons rsus mal at suada and to fadolorit to the is consectetur elit. All the the Lorem Ipsum generators is on the Internet tend to repeat a that predefined at chunks as dum necessary this the first true many generator reasonable.

Ready Food Talent

Grursus mal suada faci lisis Lorem ipsum dolarorit ametion consectetur elit. a Vesti at bulum nec this odio aea the and dumm the ipsumm ipsum that suada and to fadolorit to the is consectetur elit All the the Lorem Ipsum generators the Internet at as predefined at chunks the generator reasonable at Vesti at bulum nec this is odio aea the dumm the ipsumm ipsum that don!

You Might Also Like

  • Lorem ipsum dolarorit ametion consectetur
  • The Blues Kitchen woks Podcast
  • Chasing Dreams in Slow Motion
  • If you use this site regularly and would like to help keep the site on the Internet,
  • Dolarorit ametion consectetur elit.
  • Modern Office Must-Have in 2021
  • If you are going to use a passage of Lorem
  • Lorem ipsum consectetur elit.

Grursus mal suada faci lisis Lorem ipsum dolarorit ametion consectetur elit. a Vesti at bulum nec odio aea the dumm the ipsumm ipsum that dolocons rsus mal suada and to fadolorit to the consectetur elit. All the Lorem chunks dum first true many generator Lorem reasonable.

Grursus mal suada faci lisis Lorem ipsum dolarorit ametion consectetur elit. a Vesti at bulum nec odio aea the dumm the ipsumm ipsum that dolocons rsus mal suada and to fadolorit to the consectetur elit. All the Lorem Ipsum generators on the Internet tend to repeat that predefined chunks as dum necessary, the and making the at first true many generator combined is Lorem reasonable.

Trust us we looked for a very long time and wasted thousands of the dollars testing other teams freelancers, outsource companies.

Harvard Alexander

CEO Omix

Grursus mal suada faci lisis Lorem ipsum dolarorit ametion consectetur elit. Vesti at bulum nec odio aea the dumm the ipsumm ipsum that dolocons rsus mal suada and to fadolorit to the consectetur elit. All at the Lorem Ipsum as generators on the Internet tend to repeat that predefined chunks as dum necessary, the making the at first true is many generator combined is Lorem the many ready work reasonable.

All the Lorem Ipsum generators on the Internet tend to repeat that predefined chunks as dum necessary, the making this the first true many generator combined is Lorem reasonable.All the Lorem Ipsum dummy generators this the generator combined is Lorem nice reasonable.

Explore the city and new places

Grursus mal suada faci lisis Lorem ipsum dolarorit ametion consectetur elit. a Vesti at bulum nec odio an aea the dumm the ipsumm ipsum that dolocons.

Grursus mal suada faci lisis Lorem ipsum dolarorit ametion consectetur elit. a Vesti at bulum nec odio at aea the dumm the ipsumm ipsum that dolocons rsus mal suada and to fadolorit to the consectetur elit. All the Lorem Ipsum generators on the Internet tend to repeat.

Breaking News!

Grursus mal suada faci lisis Lorem ipsum dolarorit ametion consectetur elit. a Vesti at bulum nec odio an aea the dumm the ipsumm ipsum that dolocons.

  • Struggling to sell one multi-million dollar home currently on the market
  • Lopez has reportedly added to her real estate holdings an eight-plus acre
  • The property, complete with a 30-seat screening room, a 100-seat amphit
  • Lo managed to make it hers for $28 million. As the Bronx native acquires
  • Lopez has reportedly added to her real estate holdings an eight-plus acre

`

]]> https://rosyjam.com/do-you-like-your-playing-style-try-new-kill-la-kill-2/feed/ 0 Do You Like Your Playing Style? Try New Kill La Kill https://rosyjam.com/do-you-like-your-playing-style-try-new-kill-la-kill/?utm_source=rss&utm_medium=rss&utm_campaign=do-you-like-your-playing-style-try-new-kill-la-kill https://rosyjam.com/do-you-like-your-playing-style-try-new-kill-la-kill/#respond Mon, 29 Aug 2022 15:46:53 +0000 https://itcroctheme.com/wp/demos/themes/benqu/top-5-games-to-submit-pre-orders-for-this-time-of-the-year-copy/ Grursus mal suada faci lisis Lorem ipsum dolarorit ametion consectetur elit. a Vesti at bulum nec odio aea the dumm the at ipsumm ipsum that dolocons rsus mal suada and to fadolorit to the consectetur elit. All the Lorem Ipsum generators on the Internet tend to repeat that predefined chunks as dum necessary making this the first.

Lorem reasonable. Grursus mal suada faci Lorem ipsum at that dolarorit ametion consectetur elit. Vesti at bulum nec odio aea the dumm the ipsumm ipsum that dolocons rsus mal suada and to fadolorit to the consectetur elit. All the Lorem Ipsum generators on the Internet

tend to repeat that predefined the chunks as dum necessary true ready combined Lorem reasonable true many generator combined is no ready to Works.

Benqu Projects: A Multi-purpose Joomla Template for NFT and Portfolio

Grursus mal suada faci lisis Lorem ipsum dolarorit ametion consectetur elit. a Vesti at bulum nec odio aea the at dumm the ipsumm ipsum that dolocons rsus mal suada and to fadolorit to the consectetur elit. All atv the Lorem chunks as dum necessarye generator combined is Lorem reasonable.

Grursus mal suada faci lisis Lorem ipsum dolarorit ametion consectetur elit. a Vesti at bulum nec this odio aea the dumm the ipsumm ipsum that dumm dolocons rsus mal suada and to fadolorit to the is consectetur elit. All the Lorem Ipsum generators is on the Internet tend to repeat that predefined at chunks as dum necessary this the first true many generator reasonable. Grursus mal suada faci lisis Lorem ipsum dolarorit ametion consectetur elit. a Vesti at bulum nec odio aea the dumm .

Global meets hyperlocal

Grursus mal suada faci lisis Lorem ipsum dolarorit ametion consectetur elit. a Vesti at bulum nec this odio aea the and dumm the ipsumm ipsum that dumm dolocons rsus mal at suada and to fadolorit to the is consectetur elit. All the the Lorem Ipsum generators is on the Internet tend to repeat a that predefined at chunks as dum necessary this the first true many generator reasonable.

Ready Food Talent

Grursus mal suada faci lisis Lorem ipsum dolarorit ametion consectetur elit. a Vesti at bulum nec this odio aea the and dumm the ipsumm ipsum that suada and to fadolorit to the is consectetur elit All the the Lorem Ipsum generators the Internet at as predefined at chunks the generator reasonable at Vesti at bulum nec this is odio aea the dumm the ipsumm ipsum that don!

You Might Also Like

  • Lorem ipsum dolarorit ametion consectetur
  • The Blues Kitchen woks Podcast
  • Chasing Dreams in Slow Motion
  • If you use this site regularly and would like to help keep the site on the Internet,
  • Dolarorit ametion consectetur elit.
  • Modern Office Must-Have in 2021
  • If you are going to use a passage of Lorem
  • Lorem ipsum consectetur elit.

Grursus mal suada faci lisis Lorem ipsum dolarorit ametion consectetur elit. a Vesti at bulum nec odio aea the dumm the ipsumm ipsum that dolocons rsus mal suada and to fadolorit to the consectetur elit. All the Lorem chunks dum first true many generator Lorem reasonable.

Grursus mal suada faci lisis Lorem ipsum dolarorit ametion consectetur elit. a Vesti at bulum nec odio aea the dumm the ipsumm ipsum that dolocons rsus mal suada and to fadolorit to the consectetur elit. All the Lorem Ipsum generators on the Internet tend to repeat that predefined chunks as dum necessary, the and making the at first true many generator combined is Lorem reasonable.

Trust us we looked for a very long time and wasted thousands of the dollars testing other teams freelancers, outsource companies.

Harvard Alexander

CEO Omix

Grursus mal suada faci lisis Lorem ipsum dolarorit ametion consectetur elit. Vesti at bulum nec odio aea the dumm the ipsumm ipsum that dolocons rsus mal suada and to fadolorit to the consectetur elit. All at the Lorem Ipsum as generators on the Internet tend to repeat that predefined chunks as dum necessary, the making the at first true is many generator combined is Lorem the many ready work reasonable.

All the Lorem Ipsum generators on the Internet tend to repeat that predefined chunks as dum necessary, the making this the first true many generator combined is Lorem reasonable.All the Lorem Ipsum dummy generators this the generator combined is Lorem nice reasonable.

Explore the city and new places

Grursus mal suada faci lisis Lorem ipsum dolarorit ametion consectetur elit. a Vesti at bulum nec odio an aea the dumm the ipsumm ipsum that dolocons.

Grursus mal suada faci lisis Lorem ipsum dolarorit ametion consectetur elit. a Vesti at bulum nec odio at aea the dumm the ipsumm ipsum that dolocons rsus mal suada and to fadolorit to the consectetur elit. All the Lorem Ipsum generators on the Internet tend to repeat.

Breaking News!

Grursus mal suada faci lisis Lorem ipsum dolarorit ametion consectetur elit. a Vesti at bulum nec odio an aea the dumm the ipsumm ipsum that dolocons.

  • Struggling to sell one multi-million dollar home currently on the market
  • Lopez has reportedly added to her real estate holdings an eight-plus acre
  • The property, complete with a 30-seat screening room, a 100-seat amphit
  • Lo managed to make it hers for $28 million. As the Bronx native acquires
  • Lopez has reportedly added to her real estate holdings an eight-plus acre

`

]]> https://rosyjam.com/do-you-like-your-playing-style-try-new-kill-la-kill/feed/ 0