Many prior threads on this. Here is the cliff notes version:
- Intel got bloated and lazy focusing on core business.
- Core business was undermined from below by better ARM solutions
- Core business demands slows
- Intel failed in wave after wave of acquisitions and new businesses starting in late 90s.
- Intel internal culture has too much intellectual gyrating with no real output, redundancies, excess process, excess levels of management
- DEI policies have created internal tribalism, shunned meritocracy and have contributed to all of the above problems.
- Intel CEOs have gone from internal focus (ASG) to external bloviating and demeaning rivals (like saying it wouldn't be smart for companies to rely on TSMC fab in Taiwan) or belittling potential customers (like saying Apple is 'a lifestyle company' and did 'o.k.' on their own processor designs.
Reposting this from @qbp+1kYO1cVE because it deserves a thread of its own.