American chip-making giant Intel is a shadow of its former self. Despite the global semiconductor shortage, which has boosted rival chipmakers, Intel is making less money than a year ago with net income down 21% year over year to $4.6 billion. Intel (INTC) was the world’s largest chipmaker until 2021, when it was dethroned by Samsung. Read More...
American chip-making giant Intel is a shadow of its former self. Despite the global semiconductor shortage, which has boosted rival chipmakers, Intel is making less money than a year ago with net income down 21% year over year to $4.6 billion. Intel (INTC) was the world’s largest chipmaker until 2021, when it was dethroned by Samsung.
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