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From the heart of where innovation, money and power collide in Silicon Valley and beyond,

this is Bloomberg Technology with Caroline Hyde and Ed Ludlow. in Edla Lo Lo. Live from Rumburg's World Headquarters in New York, I'm Caroline Hyde.

And I'm Ed Ludlow as if by magic also in the Big Apple.

This is Bloomberg Technology.

Coming up, Ed Intel, it plunges after disappointing investors with its forecast.

We're going to be sitting down with the Intel CEO Pat Gelsinger to break down the company's results.

Alphabet, Amazon, and Microsoft facing FTC probes about their investments

and partnerships with AI companies.

Details ahead.

And Salesforce, look it's adding to a brutal string of tech layoffs in 2024,

announcing it slashing 700 workers.

Well look, there's just a single point of focus in tech right now, which is Intel.

The stock in the session down more than 10%.

Intraday, biggest drop in around a year if it closes down beyond 10%

It will be the biggest drop since the end of 2021 what is going on? Well the outlook has us worried, particularly about how Intel is

fairing in the market for chips that go into data centers. But remember, they're also

growing this fledgling foundry business and there was just a lack of detail. We don't know who the

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