➀ Intel lays off 20% of its workforce and outsources its 2nm processor production to TSMC;

➁ The British Army demonstrates a directed energy weapon against drones, with a range of up to 1km;

➂ The African Space Agency (AfSA) is officially inaugurated in Cairo, Egypt, with representatives from various African governments and international space organisations in attendance.

➀ Intel is expected to announce a 20% workforce reduction this weekend, as reported by Bloomberg;

➁ The new CEO, Lip-Bu Tan, has previously criticized Intel's bloated bureaucracy;

➂ Intel has outsourced the compute tile of its Nova Lake processor to TSMC, which is in trial production on TSMC's 2nm process in Hsinchu.

➀ STMicroelectronics is considering a 6% workforce reduction through early retirements and attrition;

➁ The cuts could affect up to 2000 to 3000 people out of a workforce of 50,000;

➂ The company is aiming to reduce its cost base and planning an early retirement programme, mainly affecting sites in Italy and France.

➀ Intel has begun laying off 1,300 workers from its Gordon Moore Park facility in Oregon.

➁ The layoffs are part of a broader plan to reduce the company's workforce by 15,000 workers globally.

➂ This represents over 5% of Intel's workforce at Gordon Moore Park.