Intel to Cut Jobs, Scale Back as it Falls Behind Nvidia

Intel, a big company that makes computer chips, is having a tough time.

They're cutting jobs and stopping some projects because they're not doing as well as their competitors, especially Nvidia.

The company is reducing its workforce by a lot.

They're also changing where they make and test their products, moving from some places to others.

This is because they missed out on some new technologies and now they need to make some changes to get back on track.