Nvidia's (NASDAQ: NVDA) stock surged 26,960% over the past decade. Much of that growth was driven by the soaring popularity of artificial intelligence (AI) applications. Nvidia's discrete GPUs, which were once mainly used to render graphics in video games, were well-suited to handle complex AI applications because they could simultaneously process parallel tasks. That set them apart from CPUs, which were optimized for processing sequential tasks. Some investors might be reluctant to chase Nvidia's stock a ...

Core Insights - Intel Corporation has been underperforming in various markets including x86, cloud AI, discrete GPU, and foundry, with management previously indicating plans to reduce over 30% of its workforce [1] Group 1: Company Performance - Intel's performance has consistently fallen short of expectations across multiple sectors [1] Group 2: Management Actions - The company management has announced intentions to cut more than 30% of its headcount as part of restructuring efforts [1]