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Intel’s Fall from Grace

In August 2000, Intel briefly had a market value of $509 billion (more than $930 billion in 2024 dollars). It was the most valuable public company and the “platform leader” in the personal computer industry along with Microsoft. At the start of  December 2024, Intel’s value stood at $104 billion (after falling under $100 billion), far below Microsoft ($3.1 trillion) and Apple ($3.6 trillion). Nvidia ($3.4 trillion) became the new leader in semiconductors, rivaling Apple in market value. Intel al...

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