Intel shares are trading higher. Reports suggest the company is planning layoffs within its data center group.
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Why It Matters
Intel's stock price went up even though the company might lay off some workers in one department. When a stock rises despite bad news, it can mean people think the company is fixing problems to become stronger.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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