The article doesn't actually substantiate the claim that the cuts are being made to maintain the dividend. The article does claim, through unnamed sources, that

The article doesn't actually substantiate the claim that the cuts are being made to maintain the dividend. The article does claim, through unnamed sources, that the pay cuts are real. But if history is any guide, the dividend cuts are also coming. The current yield is over 5%, which is higher than any duration of US Treasury. This should be a pretty low bar, but over the last 30 years isn't. When company dividend yields approach this threshold, something often gives. https://www.nasdaq.com/market-activity/stocks/intc/dividend-history https://www.nasdaq.com/market-activity/stocks/intc/dividend-... It's also worth noting that as late as a few weeks ago there were several articles swearing up and down that there's no way Intel will cut its dividend. That's looking more ridiculous by the day.