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Archive: https://archive.today/oCESe

From the post:

>Intel will shut down its small automotive business and lay off the majority of the workers in that segment, the latest step in the chipmaker’s dramatic downsizing. “Intel plans to wind down the Intel architecture automotive business,” the company told employees Tuesday morning in a message viewed by The Oregonian/OregonLive. The company said it will fulfill existing commitments to customers but will lay off “most” employees working in Intel’s automotive group.

Archive: https://archive.today/oCESe From the post: >>Intel will shut down its small automotive business and lay off the majority of the workers in that segment, the latest step in the chipmaker’s dramatic downsizing. “Intel plans to wind down the Intel architecture automotive business,” the company told employees Tuesday morning in a message viewed by The Oregonian/OregonLive. The company said it will fulfill existing commitments to customers but will lay off “most” employees working in Intel’s automotive group.

(post is archived)

[–] 1 pt

Intel also owns a majority stake in the Israeli company Mobileye, which develops technology for self-driving cars. It doesn’t appear the closure of Intel’s automotive group will directly affect Mobileye’s operations.

Interesting.