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Intel's Historic Struggles: A Deep Dive into the Chipmaking Giant's Turbulent Future
Intel, once the pride of the chipmaking industry, finds itself in dire straits following an unprecedented $16.6 billion loss in a single quarter—the largest in its history. For perspective, this loss outstrips AMD's profits during the same period by a significant margin. Compounding this bad news, Intel was ejected from the Dow Jones index, a position it held for 25 years, and replaced by Nvidia, a stark indicator of how the landscape of the semiconductor industry has shifted.