Sarah Lorniuk
Showing 1–1 of 1 transcripts.
- The Economist26 min
Intel in slide: a chipmaker on the ropes
Jason Palmer, Shailesh Chitnis, Sarah Lorniuk, John Fasman
Following a $16.5 billion quarterly loss and a 60% stock decline, Intel CEO Pat Gelsinger faces potential removal as the semiconductor giant struggles with missed technological inflection points and a failed foundry restructuring strategy. While the company seeks over $100 billion in public and private funding to maintain its role in advanced chip manufacturing, legal and political hurdles complicate potential acquisitions or spin-offs amid geopolitical tensions with China. Simultaneously, the International Criminal Court is examining a Lithuanian referral alleging crimes against humanity by the Belarusian regime, a move that could set a legal precedent for investigating non-signatory states while viral food trends continue to disrupt global supply chains and reshape the culinary entertainment industry.