This comment comes as Intel laid off 500 employees recently in Oregon as part of a layoff plan that’s ultimately expected to affect roughly 20% of the chipmaker’s staff. The company is also facing growing pressure from rivals like Nvidia, TSMC, and rel=”dofollow” href=”https://economictimes.indiatimes.com/amd-industries-ltd/stocks/companyid-15806.cms” target=”_blank”>AMD.
“20, 30 years ago, we were really the leader,” Tan said during a global employee meeting, the report added. “Now I think the world has…

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