Intel is a multinational technology company headquartered in Santa Clara, California, primarily known for designing and manufacturing semiconductor products, particularly microprocessors. Founded in 1968, Intel revolutionized the computer industry by introducing the first commercially successful microprocessor in 1971, the Intel 4004. The company plays a critical role in the development of computer hardware, producing not only processors for personal computers but also chips for servers, embedded systems, and various electronic devices. Intel has been a significant player in advancing computing technology, contributing to innovations in areas such as computing performance, energy efficiency, and artificial intelligence.
Intel's shares drop by 2.5%, facing industry shifts and internal challenges. CEO Lip-Bu Tan aims to rejuvenate Intel amidst its stagnant innovation and slow adaptation. Strategic focus includes recruiting top…
```html Intel's stock rose by 4.86%, closing at $20.72, outperforming the S&P 500. The company faces significant challenges, including a $19.23 billion loss last year. Intel's market share has shrunk…