Economist Podcasts Chip wreck: Intel is on the rocks
19 snips
Sep 12, 2024 
In this discussion, Jan Petrovsky, a seasoned writer for The Economist, delves into Intel's dramatic fall from grace in the tech world. He shares insights on the company's failure to embrace mobile and AI, highlighting its mismanagement and the potential fallout for the chip industry. Oliver Carroll, The Economist's Ukraine correspondent, sheds light on Ukraine's innovative use of drone warfare, underscoring the clash between traditional military tactics and modern technology in their fight against Russia. Together, they explore political misinformation as it relates to immigration claims and its impact on community perception.
AI Snips
Chapters
Transcript
Episode notes
Intel's Decline
- Intel, a former tech giant, faces decline after missing crucial shifts to mobile and AI.
- Its struggles highlight the importance of adaptability in the fast-paced tech industry.
Intel's Precarious Position
- Intel's position has drastically worsened, going from industry leader to near collapse.
- The company's struggles raise concerns about its future and the broader semiconductor market.
Intel's Financial Troubles
- Intel reported a substantial net loss, leading to job cuts and reduced capital spending.
- CEO Pat Gelsinger announced these measures in response to disappointing quarterly results.