Sunday, 2 July 2017

Intel Is About to Lose Its Semiconductor Crown

According to the Financial Times, Intel (NASDAQ:INTC) is about to lose its position as the leading chipmaker. It's a position Intel has had since it began dominating the PC processor space back in 1993, but this quarter, Samsung's (NASDAQOTH:SSNLF) chip sales will outpace Intel's -- and there may be no going back.

The past 10 years haven't been good to Intel as mobile phones and tablets have taken over, and PC sales have continued to decline. Intel famously missed its chance to supply mobile devices with its processor, and Samsung stepped in to fill the void by supplying chips for its own devices (as well as for competitors) and building out a massive memory chip business as well.

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