As U.S.-based wafer fab equipment makers have to reduce headcount due to China business concerns, SIA addresses the U.S. government.
Intel's sales are expected to go even lower as its customers prep to aggressively clear out inventory in Q1.
Intel shares optimistic production plans, saying Meteor Lake, Arrow Lake, Granite Rapids, and Sierra Forest are on schedule.
Approx 2,000 workers at the Intel Leixlip campus have been offered three months unpaid leave, say reports. If take-up is strong it might save the Irish business from the prospect of layoffs.
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