Intel may lay off thousands next week
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Intel will announce the results of an internal review of its operations next week that could result in thousands of layoffs at the company, according to published reports.
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The IT services company may lay off as many as 20,000 from its global workforce of 125,000, in an effort to remain competitive with archrival IBM and low-cost offshore service providers.
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Intel Corp., the world's largest semiconductor maker, will cut 10,500 jobs -- 10 percent of its workforce -- as part of a plan to reduce costs by $3 billion annually starting in 2008.
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By Marina Emmanuel  A BROAD restructuring exercise by the world's biggest chipmaker, Intel Corp, is likely to result in the closure of the company's Cyberjaya site in Malaysia.
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Intel Corp. cut prices on its chips for mobile computers by as much as 34 percent this week, a move that could lower PC prices from the likes of Dell Inc.
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SANTA CLARA, Calif. -- Intel cut its third-quarter revenue estimates Thursday, providing the latest sign of the economy&#39;s doldrums.
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Reduced revenue guidance from Intel (INTC:Nasdaq - news - research) had stocks under pressure Friday ahead of the key August employment report.
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By Bloomberg, AP and Staff Reports  Video:  Intel to Cut 10,500 Positions    Video:  Intel Shakeup Has Oregon Community Concerned    Chip-maker Intel Corp.
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Intel Corp  said on Thursday it will drop out of the One Laptop Per Child project and resign from the board after the project's board demanded the chipmaker stop supporting other efforts in emerging markets.
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U.S. stock futures pointed to a lower   market open on Wednesday as investors weighed an announcement   of lay-offs from Intel Corp. INTC.O that was at the low end   of expectations against positive news from Ford Motor Co. F.N   that it has a new chief executive.
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Intel Corp. INTC.O said on   Tuesday it is cutting 10,500 jobs, or about 10 percent of its   work force, as part of a plan to become more competitive   against a resurgent Advanced Micro Devices Inc. AMD.N.
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Intel will offer a detailed look at a new processor next week during a presentation at the International Solid State Circuits Conference (ISSCC) that should set the stage for an unexpectedly&#160;close battle with Taiwan&#39;s Via Technologies.Intel&#39;s presentation will cover technical details of an unnamed low-power processor that is made using a 45-nanometer process and designed for mobile Internet devices, according to an abstract contained in the ISSCC program. That&#39;s the same general description used by Intel to describe its&#160;upcoming Silverthorne processor.Intel executives declined to confirm whether the ISSCC presentation covers Silverthorne but said the abstract provided an accurate description of the unspecified processor. If the chip described is indeed Silverthorne, the presentation appears set to confirm many rumored details of the chip&#39;s architecture and characteristics.Most importantly, Silverthorne is rumored to be an in-order processor, the same as the processor Intel will detail next week, according to the abstract.In layman&#39;s terms, this means the chip functions like a factory with a single assembly line and is capable of processing one operation at a time. An in-order processor must complete that operation before it can move on to another operation. This is a different chip architecture from that used in Intel&#39;s other processors but it&#39;s the same as Via Technologies&#39; low-power C7 chip, which has proved popular among the portable device makers that are Silverthorne&#39;s target market.The processor that Intel will discuss next week is also a dual-issue processor, just as Silverthorne is rumored to be. This feature -- which Intel is likely to emphasize at ISSCC -- allows two instructions to be issued at a time and should give Silverthorne a performance advantage over the C7, which can issue only one instruction at a time.If these rumored characteristics of Silverthorne are confirmed next week, the stage will be set for an unexpectedly close contest between Intel and&#160;Via&#39;s upcoming low-power Isaiah processors, which are also designed for small, portable computers.Tiny by comparison to Intel and Advanced Micro Devices, Via has nevertheless managed to carve out a comfortable niche selling the inexpensive, low-power C7. Beset by a dying third-party chipset business, Via hopes to become a mainstream processor supplier with its upcoming Isaiah processors, which the company unveiled last week.Unlike the C7 and Silverthorne, Isaiah uses a superscalar, out-of-order processor architecture. This architecture, which is used in high-end chips from Intel and AMD, generally offers better performance than an in-order design and is akin to a factory equipped with multiple assembly lines capable of processing different operations at the time.The performance of Isaiah is further enhanced by being superscalar, or having the ability to process multiple instructions during every clock cycle.Centaur, the Via subsidiary that handles processor design for the company, is confident that Isaiah will outperform Silverthorne, even though an accurate comparison of both chips won&#39;t be possible until the two processors can be benchmarked and assessed by independent observers.Nevertheless, Isaiah looks good on paper. Via chips based on the new architecture will offer 1MB of L2 cache and support a front-side bus running at speeds up to 1.3GHz. By comparison, the chip that Intel will reveal next week has 512KB of cache and a 533MHz front-side bus.But the ISSCC abstract raises as many questions as it appears to answer. For example, it doesn&#39;t specify how many cores the new Intel chip will use and gives no indication for how fast these cores will run.Silverthorne, and arelated processor called Diamondville, are widely expected to be available in single-core and dual-core versions. They are also expected to run at roughly the same clock speeds as the Isaiah chips, will be available in versions running from 400MHz up to 2GHz.&#160;
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In the next step of its sweeping reorganization plan, Intel may be preparing to let go of as many as 22,000 workers worldwide, according to media sources close to the affected operations.
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One of these days AMD's going to take a bite out of Intel and not let go.
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Intel Corp. will look to a multicore future during the Fall Intel Developer Forum (IDF) in San Francisco next week as it tries to leave behind a tumultuous year plagued by product delays and road map revisions.
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Intel Corp. slashed prices across its Pentium 4 and Itanium product lines Sunday as it prepares for its biannual developer conference in San Francisco at the beginning of September.
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By Barbara Grady  Intel Corp. announced Tuesday it will cut 10,500 jobs -- roughly 10 percent of its work force -- over the next year in an effort to reduce costs and move more aggressively in the microprocessor market.