At 2016 highs. But we begin with big changes at intel. The company is cutting 11 of its workforce. Its cfo is moving to a new role. And its taking a onetime charge of more than 1 billion in the Second Quarter. This after the dow component reported weaker than expected firstquarter revenue and said the Current Quarter wouldnt be much better. It was that soft outlook for Second Quarter revenue that weighed on shares in afterhours trading. Intels current cfo said the changes at the company are all part of its broader strategy. What we went to do now is accelerate that transition. And so this restructuring is a tool to do that. And what it allows us to do is it allows us to be more efficient, to be more profita e profitable, and to increase investments in some of these new areas. The data center, the memory, internet of things dominic chew goes inside intels results. Reporter theres a reason why intels Earnings Reports are of such interest to investors. Its the worlds biggest maker of comp
Strategic plan on testing include specific numeric targets for testing capacity, supply chain capacity and projection of shortages . Thank you for that question and statement, senator murray. Yes, as ive stated, we continue to have a work in progress as we built the testing capacity. We have established the targets with the is states of over 12 million tests over the next four weeks. We think those targets will be good in may and june. But as dr. Fauci said, we really have to be evidencebasesed. We expect those targets to go up as we progressively open, as communities go through phase one and into phase two, and certainly those numbers will need to go up significant in the fall when we potentially have influenza circulating with covid. Yes, there will be targets. The targets will need to change based on the evidence that we see. We are highly committed to securing the supply chain. We work daily with every manufacturer. Im pleased were in may and june able to get ahead of the states so
Supply chain capacity and projection of shortages . Thank you for that question and statements, senator murray. Yes, as i stated, we continue to have a work in progress as we build the testing capacity. We have established the targets with the states of over 12 million tests over the next four weeks. We think those targets are going to be good in may and june, but as dr. Fauci said, we really have to be evidence based. We expect those targets to go up as we progressively open, as communities go through phase 1 and then into phase 2, and certainly those numbers will need to go up significantly again in the fall when we potentially have influenza circulating with covid. So, yes, there will be targets. The targets will need to change based on the evidence that we see, but we are highly committed to securing the supply chain. We work daily with every manufacturer, and im just pleased were, in may and june, able to get ahead of the states so that we can supply them what they need so they ha