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Post by 8DonCo Fri Apr 26, 2024 2:32 pm

Intel used to dominate the U.S. chip industry. Now it’s struggling to stay 

  • Intel, once the biggest and most valuable U.S. chip company, has been surpassed by numerous rivals in recent years due to a series of missteps.

  • The shares plummeted further on Friday following disappointing earnings.

  • Intel is now the worst-performing tech stock in the S&P 500 this year, while rival chipmaker Nvidia is the second-best performer in the index.

Investors remain skeptical. Intel is the worst-performing tech stock in the S&P 500 this year, down 37%. Meanwhile, the two best-performing stocks in the index are chipmaker Nvidia

 and Super Micro Computer

, which has been boosted by surging demand for Nvidia-based AI servers.

Intel, long the most valuable U.S. chipmaker, is now one-sixteenth the size of Nvidia by market cap. It’s also smaller than Qualcomm


Texas Instruments

, and AMD

. For decades, it was the largest semiconductor company in the world by sales, but suffered seven straight quarters of revenue declines recently, and was passed by Nvidia last year.

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Đại gia thành đại già JQrjmZ


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