Intel rises even as CEO Gelsinger says job cuts coming, more details next month: report

Oct. 20, 2022 1:09 PM ETIntel Corporation (INTC)By: Chris Ciaccia, SA News Editor30 Comments

Intel To Report Quarterly Earnings

Justin Sullivan

Intel (NASDAQ:INTC) shares rose on Thursday even as the semiconductor giant's Chief Executive, Pat Gelsinger, warned that job cuts would be coming in short order, Oregon Live reported.

“These are always hard decisions, but our costs are too

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