Intel’s wild week leaves Wall Street more uncertain than ever about chipmaker’s future

Intel CEO Pat Gelsinger had a challenging week, with the company facing a significant drop in value and potential takeover talks with Qualcomm. Despite the struggles, Gelsinger is committed to moving forward as an independent company. Intel is focusing on its manufacturing division and investing billions to build new chip factories in the U.S. The company is also making efforts to gain a foothold in the AI market. While facing competition from companies like Nvidia, Intel is working to attract external customers for its foundry business. The U.S. government is supporting Intel’s efforts to strengthen the American semiconductor industry. Despite the challenges, Intel is striving to revitalize its core business of PC and server chips.