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Cake day: July 8th, 2023

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  • My guess is Intel’s management is full of inflexible dead weight that doesn’t want to adapt to the new reality that PCs are only going to become less and less relevant as a computing model. Like other companies that had established cash-cow businesses like Sears with its mail-order catalog, Kodak with film, Motorola with analog mobile phones, etc., current management doesn’t want to jeopardize their positions by allowing a new business to dominate, and so the company is doomed to a slow death.