🔥🔥$Intel(INTC)$ the great stock is dead. This largest American chipmaker of yesteryear has lost its way. Once a dominant force in the semiconductor world and the most valuable U.S. chip company, has seen its lead slip away, outpaced by competitors following a series of blunders. Intel has a 133% year-over-year decline in earnings per share. Revenue also took a significant hit, dropping nearly 36% to $11.7 billion. Intel recently layoff 17,500 employees- over 15% of its workforc- to reverse the losses in its semiconductor manufacturing division. Intel will continue job cuts till the end of this year. So far this year, Intel’s market capitalization has plummeted by more than 50%, so is my money burnt! Thanks @Tiger_comments