"We’re in a three to five-year bull market powered by AI," he declared during a recent appearance on Fast Money. This isn’t just hyperbole. For Munster, AI represents not only a new technological frontier but the next seismic shift in the economy that could eclipse even the rise of the internet.
In response to declining revenues, disappointing earnings, and fierce competition, the company is preparing a comprehensive cost-cutting plan that may redefine its future. According to reports, Intel’s CEO, Pat Gelsinger, and other senior executives are gearing up to present these plans to the board of directors at a mid-September meeting.
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