Writing like Intel isn't on the brink of death and that Intel only started so many fab projects because the government said it would give the money to Intel years ago via CHIPS Act.

Authors/narratives like these need to be truthful. It's lay off some workers and hope Intel can make a come back in the future, or everyone at Intel gets laid off. At least understand the dire financial and competitive situation is in.

They are taking the Oracle and IBM path.