Intel's chips are down. Its problems are even worse than you've heard
Mint Kolkata|January 07, 2025
AMD and others are making huge inroads into Intel's bread-and-butter business of making the world's most cutting-edge central processing units
Christopher Mims

You may think you know how much Intel is struggling, but the reality is worse. The once-mighty American innovation powerhouse is losing market share in multiple areas that are critical to its profitability. Its many competitors include not just the AI juggernaut Nvidia, but smaller rivals and even previously stalwart allies like Microsoft.

One flashing warning sign: In the latest quarter reported by both companies, Intel's perennial also-ran, AMD, actually eclipsed Intel's revenue for chips that go into data centers. This is a stunning reversal: In 2022, Intel's data-center revenue was three times that of AMD.

AMD and others are making huge inroads into Intel's bread-and-butter business of making the world's most cutting-edge and powerful general-purpose chips, known as CPUs, short for central processing units.

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