Reported 1 day ago
Intel, once a leading innovator in chip manufacturing, has faced a dramatic decline over the last two decades, culminating in a staggering 60% drop in stock value in 2024 and its largest losses in company history. Internal complacency and poor strategic decisions have allowed rivals like Nvidia and AMD to surpass it. Despite efforts to revitalize the company under CEO Pat Gelsinger, including a push into foundry services, skepticism remains about its ability to recover amid rising competitive pressures and technological demands. With the potential for more significant downturns ahead, Intel's future as a dominant player in the semiconductor industry hangs in the balance.
Source: YAHOO