Intel is underperforming due to several key factors. The company has faced a significant decline in revenue from its traditional core segments, particularly PC and server microprocessors, with a 16% decrease in overall revenue in 2022 compared to the previous year [4]. This decline has been exacerbated by weak guidance following its earnings report, where Intel projected earnings for Q1 2024 at $0.13 per share, well below the expected $0.42 per share, and revenue between $12 billion to $13 billion, falling short of the $14 billion anticipated by Wall Street [1]. 

Additionally, Intel has lost market share to competitors like AMD and has also struggled to maintain its position as the primary chip supplier for Apple's MacBook lineup, contributing to a 21% drop in its stock over the last three years [1]. Moreover, ongoing chip shortages are disrupting production across various sectors, highlighting broader industry issues that further impact Intel's performance [2].

Why is Intel underperforming?

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