Rumor: Intel competitor Montalvo bracing for cuts

Courtesy CNET Tech blog  Mon, 03/31/2008 - 3:03pm

Montalvo Systems, the super secretive company that wants to compete against Intel in chips for portable computers, has a big internal announcement coming tomorrow, according to sources, and the news may not be good.

The company may internally order layoffs and cutbacks, according to a source close to the company.

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