Too many mainstream articles on semiconductors are just vague, uncheckable facts combined with filler that seems to have been suggested by Intel's PR department, even when Intel is totally irrelevant. Intel needs delicious subsidies!
Intel still has the fastest chip in the world with the i9-12900KS. They are also the second largest semiconductor company in the world by revenue, only just last year barely passed by Samsung. [1]
I know Intel is not hip, but to call them irrelevant is some serious reality distortion.
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[1] https://www.eetasia.com/wp-content/uploads/sites/2/2022/04/I...
Intel is still very very relevant overall to server, networking, and consumer space. Huge revenues!