Needs 90% layoff. AMD + TSMC has only 100k employees with market cap of 900+ billion. Intel has 125k employees with cap of 100 billion.
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Need to stop with this metric tbh - Intel has far more products than AMD or Nvidia combined .. so naturally the team is bigger.
Yes , it’s too big and needs a cull (which it’s getting) , but don’t compare the companies so simply , they different animals
Remember many of Intels competitors are building on standards , IP and R&D that’s Intel developed.