View: Why Intel’s problems can’t be fixed by the US government
What to do about Intel Corp., the once-storied, now-spiraling US chipmaker?
After years of poor decision-making, Intel’s semiconductors lag competitors and its foundry business has no major customers. It has mostly missed the boat on artificial intelligence. Last year, amid a restructuring, it fired its chief executive, slashed its dividend, undertook mass layoffs and lost about $19 billion.
