Once the dominant name in chips, Intel had been in a steady decline in recent years as it failed to keep up with peers like Nvidia in the AI race. The company started its official turnaround strategy last year by ousting its previous CEO Pat Gelsinger , who was eventually replaced by Lip Bu Tan a few months later. Last month was a whirlwind for both Bu Tan and Intel: Trump initially called for the CEOs immediate resignation , citing conflicts of interest due to alleged ties to China. Only a...

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