$Intel(INTC)$ Intel has failed to execute on every new process they've attempted on their own fabs in the last ~8 years. TSMC $Taiwan Semiconductor Manufacturing(TSM)$ and Samsung are the only fabs that have been able to consistently produce competitive yields on cutting edge processes. Intel has shed most of their adjacent / vertical business units, while still failing consistently with their core product. The only product with a promising trajectory is their GPU business, and that product is still lightyears behind Nvidia $NVIDIA Corp(NVDA)$ and AMD $Advanced Micro Devices(AMD)$ and probably wont see any kind of meaningful returns for a decade, if they manage to catch up at all AND manage to capture any portion of the market.

So they've decreased their product diversity, and doubled down on the products that they have fumbled and been behind on for every launch in the last decade.