Intel is caught between a rock and a hard place

The Journal article detailed several of the challenges Intel faces. Among the most prominent is the declining market share of Windows computers in the personal computer market -- devices that are responsible for one of Intel's most important revenue streams. It's also losing out as customers such as Microsoft are making more use of chips from ARM that generally consume less power than Intel's. Meanwhile, Microsoft is also focused on deploying Windows in the cloud, where it won't need to run on Intel chips.

With the calendar about to turn to 2024, Intel is seeing increased competition from a range of competitors that have followed ARM's blueprint -- among them Alphabet, Amazon, Qualcomm, and Apple. $Intel(INTC.US)$ $Arm Holdings(ARM.US)$ $Microsoft(MSFT.US)$ $Amazon(AMZN.US)$