The Fall of Intel
Intel inside. Innovation outside. How America’s chip leader lost its edge. Intel once led the world in semiconductor innovation. But decades of stock buybacks and a shift to shareholder value left it vulnerable—missing key opportunities and falling behind rivals like TSMC and Samsung. INET Grantee and @umasslowell Professor Bill Lazonick explains how financialization hollowed out a giant, why U.S. competitiveness depends on reinvestment, and what the Intel story tells us about the future of American industry. Learn more about his work at: https://www.ineteconomics.org/researc...
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