Reports of Intel’s Death…
In today’s NYT, John Markoff looks at the uncertain prospects facing the tech bellwether Intel. The company’s stock dropped 25% this year, there was a high profile flop in digital televison chips, Advanced Micro Devices is gaining ground, and Paul Otellini is scheduled to take the reins as CEO.
Can He Chip Away at the Problems?
Yawn. Sure, these are all valid points, but this is Intel we’re talking about – and it’s a bellwether for a reason. We agree that Intel’s rough patch is far from over, but if we could afford Lexis/Nexis, we’d wager that you could look back over Intel’s history and find one of these hand-wringing stories every few years. What doesn’t kill Intel only makes it stronger.
Read: The Disco Ball of Failed Hopes and Other Tales From Inside Intel – [NYT – reg. req’d]