Reported 28 days ago
Intel's CEO Pat Gelsinger aimed to resurrect the emblematic company upon his arrival three years ago, but missteps—such as jeopardizing a beneficial partnership with TSMC—have led to major challenges. The company's revenue has plunged nearly a third, and it faces its first annual net loss since 1986. Despite claims of progress and optimism about regaining manufacturing leadership, delays and technical setbacks in new chip production highlight ongoing difficulties as Intel strives to navigate fierce competition, especially from rivals like Nvidia.
Source: YAHOO