Summary
Intel, once a dominant force in the semiconductor industry, has fallen from grace. The company's core chip business has been struggling, and the rise of artificial intelligence has further exacerbated the situation. Intel’s missteps include failing to anticipate the AI boom and lagging behind rivals in manufacturing advanced chips. This has led to Intel being a takeover target for Qualcomm, which could gain access to Intel's large computer and server chip market. However, the future of Intel hinges on the success of its upcoming next-generation chip technology, which is expected to be released next year.
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