Intel turned out the deal to supply chips for the iPhone on 2007, come 2017 Ryzen processors started matching/beating Intel chips at a lower price point. Then Intel bought Habana to try to get into the AI market essentially, and made the announcement in 2024 that they couldn’t compete with that NVIDIA made.

So they were losing at GPUs, CPUs, and basic chip manufacturing to Samsung and TSMC.

Then earlier this year they hired this guy after they had already run into an iceberg and the ship was sinking.

They can’t just throw a patch on the Titanic, they have to build a new ship.

I expect to see Intel drop off the map and throw everything into research and development hoping for the next big thing.