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Does INTC (Intel) really have no future prospects?

$Intel (INTC.US)$ There is a significant polarization. On the one hand, it is considered to be a good buy at a low price and oversold.
For cost reduction, dividends are being cut and restructuring is being carried out.
It is the only semiconductor manufacturer based in America, and there is a potential for increased demand through cooperation with China and Taiwan, as well as government contracts.
On the other hand, the company's business has become bloated, with frequent chip failures, and it is significantly lagging behind its competitors.
Losses are rapidly increasing.
Will this stock continue to decline, or is there a possibility of recovery?
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    初心者です。 どうぞ宜しくお願いします。
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