Intel's Turnaround Attempt
Intel's ongoing restructuring efforts are drawing significant attention as the company attempts to regain its competitive edge in the semiconductor industry. CEO Pat Gelsinger has implemented a multi-pronged strategy focused on expanding chip manufacturing capabilities, pursuing advanced technologies, and addressing operational inefficiencies. These efforts include investments in new U.S.-based fabrication plants and the revival of its leadership in cutting-edge process technology.
However, analysts have likened Intel's challenges to those faced by Boeing during its turnaround efforts, citing similar issues of operational missteps, reputational setbacks, and intense industry competition. For Intel, the pressure comes not only from rivals like AMD and NVIDIA but also from global chipmaking leaders such as TSMC and Samsung, which have surged ahead in market share and technological advancements.