Intel reportedly planning job cuts in its data center group

Intel is reportedly planning layoffs within its data center group, according to a new report. The scope of the cuts is not yet clear.

Why it matters: Intel has struggled to gain traction in AI data center chips against Nvidia and AMD, and cuts to this group would be another sign the company is retrenching rather than scaling up its AI hardware ambitions. Worth watching alongside Intel's broader cost-cutting moves as a proxy for how far behind it has fallen in the AI infrastructure race.