Intel news are nothing new, Intel is planning downsizing due to restructuring. The big Intel suppliers are bound for layoffs in 2016 following Intel layoffs. In Hillsborough, Oregon and other Intel locations, people are looking for another outcome of the slowing of the semiconductor demand. Unfortunately, companies like Applied Materials and Lam Research incl. Novellus and KLA-Tencor assimilation, are going to have to downsize accordingly about 10% to match Wall street expectation and defer the loses in a global scale.
Lol at this one. Take a look at Lam's latest quarterly report.