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Bill Gates reminder on Intel struggles: One can get 'annihilated' if you miss a turn in the market

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  Print publication without navigation Published in Business and Finance on by AOL
  • 🞛 This publication is a summary or evaluation of another publication
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Shares of Intel have plunged 55% in the past year, badly lagging the 21% advance for the Nasdaq Composite ( ^IXIC ). Meanwhile, shares of rival chip player Nvidia have surged 78% over the past year as the company takes a wide lead on artificial intelligence chip innovation compared to Intel and AMD.
The article from AOL Finance discusses Bill Gates' recent comments on Intel's struggles, highlighting the broader implications for the tech industry. Gates, speaking at a virtual event, pointed out Intel's challenges in keeping up with the rapid pace of technological advancements, particularly in semiconductor manufacturing. He emphasized the importance of innovation and investment in research and development to maintain competitive edge. Intel has been facing delays in its manufacturing processes, which has led to a loss of market share to rivals like AMD and TSMC. Gates' remarks serve as a reminder of the critical role that timely technological progress plays in the success of tech giants, and how companies must continuously evolve to meet the demands of an ever-changing market landscape.

Read the Full AOL Article at:
[ https://www.aol.com/finance/bill-gates-reminder-intel-struggles-200028352.html ]