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When I think of Intel Corporation (NASDAQ:INTC), the company brings up a lot of fond childhood memories. Notably, as a child, I sent a letter to the then-CEO Andy Grove, explaining how I was in awe
Intel's Blackberry Moment Already Happened
Summary
- Intel Corporation has suffered significant financial and strategic setbacks, missing key technological trends such as AI and GPUs, resulting in substantial losses and underperformance compared to its peers.
- Massive layoffs and cost-cutting measures in Intel's foundry business raise concerns about its ability to compete with industry leaders such as TSMC, AMD, and Nvidia.
- Despite new CEO Lip-Bu Tan's promising track record, INTC's turnaround remains uncertain, with internal production issues still unresolved.
Rick is a Wall Street Journal best-selling author with over 20 years of experience trading stocks and options. The most authoritative publications, including Good Morning America, Washington Post, Yahoo Finance, MSN, Business Insider, NBC, FOX, CBS, and ABC News, cover his work. His passion is business, and he works tirelessly to deliver content in an easy-to-understand manner. In 2018, Rick wrote The Financially Independent Millennial to inspire his readers with his story about becoming financially independent at age 35 despite not learning about money when he was younger. His books are easy to read and often refer to key points that “He would tell his younger self.” When not thinking about business, Rick writes (mainly about cruise ship travel) for his travel blog and is an enthusiast of fast cars, technology, & cooking.
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