Intel, the Bay Area chipmaker, is cutting 319 jobs in Northern California as part of its massive 15,000-worker slash. The company is struggling.

Silicon Valley's Intel announced it will begin a new round of layoffs from its Folsom campus in November. Folsom, which is just east of Sacramento, is one of the fastest-growing California cities, and tech jobs are a big reason for it.

Intel and Advanced Micro Devices on Tuesday said they are forming a group to help make sure software works across their chips, responding to a rising challenge from Arm Holdings .

Like Professor X and Magneto, Intel and AMD know when to team up and take on a shared adversary. The two companies have formed a new x86 advisory group to stem the platform’s bleeding from Arm’s rapidly growing adoption.

AMD's and Intel's CEOs explain why they have joined forces to create a blue-chip advisory board to shape the future of the ubiquitous x86 microprocessor architecture.