Intel’s crown slips as competitors catch up

The microchip giant has suffered from a damaging delay in advancing its technology, allowing rivals to move into the gap

Daniel Murray

Political Correspondent @danieltmurray
6th December, 2020
Intel’s crown slips as competitors catch up
Intel’s share price collapsed from $64 in June to a low of $44 at the end of October

It has been a bad year for Intel. Bucking a trend of growing share prices across the semiconductor industry in 2020, its share price collapsed from $64 in June to a low of $44 at the end of October.

This drop was due to a delay to new microchip technology long promised by the company and was compounded by competitor market share gains, offering a glimpse of a new landscape in which other firms may no longer languish...

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