The Intelligence from The Economist Intel in slide: a chipmaker on the ropes
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Dec 12, 2024 
Shailesh Chitnis, a global business writer for The Economist, shares insights into Intel's struggles with layoffs and a plunging share price, raising questions about its future in a competitive chip market. Alongside this, Sarah Larniuk, a senior producer, discusses a groundbreaking International Criminal Court case against Belarus, shedding light on the legal complexities involved. They also explore the influence of viral food trends on cooking habits, emphasizing how social media reshapes our culinary experiences.
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Intel's Decline
- Intel, once dominant in personal computers, has suffered a significant downturn.
- Their quarterly loss of $16.5 billion reflects their struggles.
Roots of Intel's Problems
- Intel's troubles stem from missing key tech shifts, like mobile and GPUs.
- Their chip fabrication also lagged behind competitors like TSMC.
Gelsinger's Failed Strategy
- Pat Gelsinger's plan involved splitting Intel into design and foundry businesses.
- This strategy failed, leading to external financing and government subsidies.