– Intel released poor financial results with a 1% decline in sales and a net loss of $1.6bn
– CEO Pat Gelsinger announced plans to cut 15,000 jobs and suspend dividends
– The company’s share price has dropped by nearly 30%
– Despite strong profits, Intel’s technology is falling behind
– Investors are in for a turbulent ride
– Americans still prioritize value over the lowest price
– The supply chain is at risk of becoming over-extended.