>>imperf+wv
Intel is absolutely in a death spiral. Not much else to say. They are cutting cost with no real plan on growth if they are saying they won't invest in the foundry anymore. Foundry was a solid play by Pat, really their only play. Instead Intel seems set to lose whatever remaining relevance they have to their Arm, TSM, Nvidia, and AMD competitors which have a lead in both design and manufacturing a decade in the making.