Nowadays, Intel is engaged in a high-risk, multi-year strategy to reclaim its leadership, with global ramifications that intertwine technology, national security, and geopolitics, believes Fortune writer Geoff Colvin. However, even though Intel struggles, the U.S. remains the semiconductor industry leader, with $264.6 billion in revenue in 2023 alone, as noted by Dan Nystedt.
For decades, Intel has been the symbol of the U.S. semiconductor prowess. However, without any doubt, Intel today is not the company it used to be a decade ago. The company no longer leads in process technology and has more viable competitors than ever.
