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Behind the Money

Can Intel bounce back?

Behind the Money

Topher Forhecz

Markets, Investing, News, Banking, Finance, Business, Business News, Crypto

4.4350 Ratings

🗓️ 10 May 2023

⏱️ 19 minutes

🧾️ Download transcript

Summary

Silicon Valley legend Intel was the semiconductor chip industry’s global leader for decades. Lately it’s fallen behind, just as the US is recognising the importance of chips to economic and national security. Now, Intel is trying to turn itself round. The FT’s Richard Waters explains its plans and the many challenges it will face in order to reclaim that stature. 


Clip from CNN 

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For further reading:

Can Intel become the chip champion the US needs?

Can Intel come back? 

Intel: Chips Act subsidies may impede a return to former glory

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On Twitter, follow Richard Waters (@RichardWaters) and Michela Tindera (@mtindera07)


Read a transcript of this episode on FT.com



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Transcript

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0:31.0

For roughly 50 years, global dominance in the semiconductor chip industry sounded like this.

0:38.0

Recognize that?

0:42.0

It's the long time jingle for Intel, a company that's made

0:46.0

semiconductor chips for decades. Intel has been very very successful and its

0:50.8

entire fortune has been built on PCs.

0:54.5

The PC world was Intel's foundation.

0:58.4

That's the FT's West Coast editor Richard Waters.

1:01.8

He says that the use of chips has grown far beyond something

1:04.7

that's inside a desktop PC. Today we're surrounded by technology that uses

...

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