American chip-making giant Intel is a shadow of its former self. Despite the global semiconductor shortage, which has boosted rival chipmakers, Intel is making less money than a year ago with net income down 21% year over year to US$4.6 billion (£3.4 billion). Unfortunately, this is an ongoing trend. https://theconversation.com/intel-cant-even-grow-profits-during-a-global-chip-shortage-where-did-it-all-go-wrong-175877
Problems started for Intel when Dadi Perlmutter left and put his energies into starting up Weebit Nano. Perhaps Intel needs to make Dadi and Coby and we shareholders an offer we can't refuse.
American chip-making giant Intel is a shadow of its former self....
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