Original title: 'Intel can't even grow profits during a global chip shortage – where did it all go wrong?' (too long)
"where did it all go wrong?"
Mostly incompetence.
Mostly an addition to monopoly profits. If their profit margins weren't so ridiculously large, the previous attempts at becoming a foundry may have succeeded, and they would have put more effort into being the fab for Apple's silicon. It will be very interesting to see where Intel stands in 2030.