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is intel going down hill or something
No it's called resource consolidation.
Wow. Never thought I would c this day!!
Hardly, this is definitely a step in the right direction for them. The market is going this way, this is just a reaction to market demand and direction.
This is good new.
To stay efficient with resources & manufacturing of goods most companies will wisely do a reorganization every so often. Intel is no exception. I applaud their efforts.