Intel used to be the most valuable US chipmaker. How it fell far behind Nvidia


he company experienced process technology delays, opening the door for its rivals such as AMD that offered powerful and efficient chips to capture customers. — Reuters

Earlier this year, Intel's new chief executive Lip-Bu Tan made frank remarks about how the Silicon Valley chipmaker keeps coming up short.

"For quite a long time for Intel, we fell behind on innovation. As a result, we have been too slow to adapt and to meet your needs," Tan told Intel's customers and partners at a company event in late March. "You deserve better, and we need to improve, and we will."

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