The chipmaker wants to pull ahead of TSMC with a big bet on ASML's cutting-edge systems.Intel (INTC 0.26%), the world's top manufacturer of x86 CPUs, was once a reliable tech stock. Yet over the past five years, its stock declined by 13% while the S&P 500 rose by 83%.Intel lost its luster as it fell behind TSMC (TSM 0.80%) in the "process race" to manufacture smaller, denser chips, and it ceded a massive slice of its PC market to AMD (AMD 0.22%). As it faced those existential challenges, it abruptly shifted ...