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Fertility benefits covered include associated in-vitro fertilization (IVF), intrauterine insemination (IUI), genetic testing, associated surgeries, associated cryopreservation (egg/sperm/embryo freezing), fertility consultation, fertility medication, hormonal treatment, among others.

Its initial timeline had chip-making starting next year. Construction on the manufacturing facilities now is not expected to be finished until late 2026, the report said, citing people involved in the project.

In an interview, CEO Pat Gelsinger said that the company's core businesses of PCs and servers were hitting seasonal low demand at the same time as noncore businesses such as auto chip firm Mobileye. Intel no longer gives full-year financial forecasts, but Gelsinger said the company has $2 billion worth of orders for its AI chips and expects better sales later in the year.

​Intel on Thursday forecast revenue for the first quarter that could miss market estimates by more than $2 billion, as it grapples with uncertain demand for its chips used in the traditional server and personal computer markets.

After a slowdown in technology IPOs in 2022, several tech companies including Arm, Instacart, and Klaviyo have returned to raise funds from the public market. However, the valuations of these companies have fallen significantly compared to their peak valuations. Instacart, for example, is aiming for a $10 billion valuation, which is only a quarter of its peak valuation of $39 billion. The sentiment in the market has shifted, and investors are now looking for right-sized offerings rather than inflated valuations.

About 13% of the Vision Fund staff will be affected, one person said. The headcount reduction will mostly occur in the US, another person said, asking not to be identified as discussions are private. The investment unit had about 349 people globally as of end-March.