CPU manufacturer Intel is set to cut thousands of jobs according to anew report from Bloomberg.

The pending job cuts are just the latest piece of bad news for the chip giant.

Customers with 13th and 14th-generation Intel CPUs have been having problems for months.

Pat Gelsinger, chief executive officer of Intel Corp., holds a wafer as he speaks at the Computex conference in Taipei, Taiwan, on Tuesday, June 4, 2024.

Pat Gelsinger, chief executive officer of Intel Corp., holds a wafer as he speaks at the Computex conference in Taipei, Taiwan, on Tuesday, June 4, 2024.© Annabelle Chih/Bloomberg via Getty Images

Video game communities have been warning their friends off the Intel CPUs online for months.

NVIDIA pointed the finger at Intel inApril patch notesfor its GPU drivers.

The developers behind the popular free-to-play video gameWarframeshared statistics for the recent spate of crashes in early July.

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Othercrash dumps from other developersconfirmed enormous crash rates for gamers using 13th and 14th-generation intel CPUs.

People who dug into the problem suspected it had something to do with the CPUs improperly handling voltage.

The problem is that voltage issues like this can permanently damage a chip.

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All that electricity and heat can degrade a CPU, shortening its lifespan and hurting its performance.

Those chips affected by the voltage problem are likely permanently damaged.

All hope is not lost, however.

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AMD offers competitive prices for similar performance.

And when AMD recently had issues with its high-end CPUs, itdelayed shipping themout of an abundance of caution.

Semiconductors make the world go round but theyre not all created equal.

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AI has created an enormous demand for silicon, but not the CPU Intel is famous for.

Correction: A previous version of this article stated that Intel is planning to cut 110,000 employees.

Thats the number of total employees at Intel.

Photo: Annabelle Chih

We apologize for the error.

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