Intel Corp’s (INTC.O) shares fell 7% on Friday as Wall Street analysts raised concerns about how soon the chipmaker can close the gap with rivals as it spends billions of dollars to increase manufacturing.
In recent years, Intel has struggled with building new manufacturing technology causing it to fall behind rivals Advanced Micro Devices Inc (AMD.O) and Nvidia Corp (NVDA.O) in the race to make smaller chips with a faster processing speed.
Trevor Galbraith
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