Intel’s Return to Profitability Is Critical to Its Forward Momentum
COMPUTING INTERNET IT MOBILE TECH REVIEWS SECURITY TECH BLOG TECHNOLOGY MOST POPULAR NEWSLETTERS TECHNOLOGY TechNewsWorld Technology Next (Image Credit: Intel) Intel announced its second-quarter 2023 financial results on July 27. After two quarters of reported losses, we now see profits, and AMD’s financials indicate that its inroads into Intel’s base may be slowing as Intel puts up more of a fight. Intel was the clear market leader in the processor space for the entire history of the PC. As is often the case with dominant companies, its fall from that leadership position came from internal decisions made by a CEO who has since departed and a board that has been replaced. Intel is unique in the industry not just because it was an early leader but because it retained manufacturing capabilities that allowed the business to initially weather the pandemic relatively well since it didn’t have many of the supply problems so...