Intel’s CEO Pat Gelsinger has been forced out, marking a significant shift in the company’s leadership. Gelsinger’s departure comes as Intel struggles to regain its footing in the chipmaking industry, with a market value more than 30 times smaller than rival Nvidia. The company’s financial woes have been piling up, with a $16.6 billion loss and halted dividend in the most recent quarter.
Forecast for 6 months: Intel’s shares are expected to continue their downward trend, potentially falling by another 10-15% as investors lose confidence in the company’s leadership and turnaround plans.
Forecast for 1 year: Intel’s foundry business is expected to see significant growth, driven by the company’s efforts to build up its manufacturing capabilities and attract new customers. However, the company’s overall market value is expected to remain stagnant, with a potential market capitalization of around $150-200 billion.
Forecast for 5 years: Intel is expected to make significant strides in its foundry business, potentially becoming a major player in the chipmaking industry. However, the company’s traditional CPU business is expected to continue to decline, with a potential market share of around 20-25%.
Forecast for 10 years: Intel is expected to have transformed into a leading foundry company, with a significant presence in the global chipmaking industry. However, the company’s traditional CPU business is expected to have largely disappeared, with a potential market share of around 5-10%.
