Intel's $100 Billion Bet Goes Horribly Wrong...What Happened?

#finance
#financial
Intel used to be the most dominant chip maker in the world having conquered the world of PCs thanks to their deal with Windows computer makers. But this deal actually turned out to be their worst nightmare as it led to copious amounts of complacency. The effects of this complacency didn’t show up for decades to come, but in retrospect, it’s extremely obvious. First, Intel missed out on the mobile revolution, having underestimated the adoption of smartphones. Then, Intel started losing CPU market share to AMD after the impressive launch of Ryzen. They bled market share for a couple of years before they completely dropped the ball with GPUs. In a last-ditch effort, Intel decided to bet an extraordinary $100 billion on their in-house foundry business, but this too has fallen flat on its face. This video explains the slow and painful downfall of Intel and how complacency slowly eats away at any company.