Intel Stock in a Tailspin: What Lies Behind the Downfall?

Intel Corporation (INTC) has plunged 57.6% over the past year against the semiconductor industry’s growth of 117.9%, lagging its peers Advanced Micro Devices, Inc. (AMD) and NVIDIA Corporation (NVDA) . Much of this underperformance is perceived to be the fallout of severe financial difficulties and operational challenges. With the appointment of David Zinsner and Michelle Johnston Holthaus as the interim Co-CEOs in place of the erstwhile CEO Pat Gelsinger, the company aims to take the bull by the horns. Man ...