The Fall of the Semiconductor Giant: Intel's Decline
Just two years ago, Intel’s stock was trading at $64 per share, but as of the 4th, Selling the Future for Survival Just two years ago, Intel’s stock was trading at $64 per share, but as of the 4th, it had plummeted to $20 during trading. This represents a drop of about 60% this year alone, and at this rate, Intel might even be removed from the Dow Jones Industrial Average, which includes top-performing stocks. Intel, a comprehensive semiconductor company known for its chip design, manufacturing, technology development, and packaging, has long been referred to as a "semiconductor empire." However, after deciding not to invest in OpenAI, which developed ChatGPT, Intel missed out on the AI trend. Furthermore, its attempt to re-enter the foundry (contract semiconductor manufacturing) business in 2021, despite a significant investment, failed. Now, Intel faces a crisis and is considering abandoning and selling its key future business to ensure survival. The Reshaping Semiconducto...