Intel Restores Free Coffee and Car Benefits to Boost Employee Morale
Intel has resolved its "Coffee Debacle" by reinstating free coffee for employees, despite the $100 million annual cost, amidst ongoing layoffs. The company is also set to release its Battlemage GPUs ahead of competitors AMD and Nvidia. Meanwhile, Catalyst Capital Advisors significantly increased its Intel stock holdings, though analysts maintain a Hold consensus on the stock, which has seen a nearly 30% decline over the past year.