Intel slashes divdend by nearly two-thirds to shore up cash as chip giant braces for a tough year
Intel has announced that it is cutting its dividend from $0.365/share to $0.125/share in an effort to conserve cash amid the tough economic environment. This is part of a bigger effort to cut up to $3 billion this year and up to $10 billion per year by 2025, which includes phasing out certain operations, laying […]