Intel Corp
The once-dominant company now confronts challenges from various rivals, including Qualcomm Inc
This shift results from decades of ARM Holdings Plc's
Apple Inc
The move has influenced other major players like Alphabet Inc
Intel's market share faces a threat as Apple moves away from Intel chips, and Google's Chromebooks and Microsoft Corp's
Apple's market share in desktops and notebooks has risen significantly, intensifying the competition.
Microsoft, once a close ally in the "Wintel" partnership, is distancing itself from Intel. Microsoft's focus on cloud-based Windows experiences and ARM-based data center chips signifies a significant shift.
Amazon's cloud-streamed Windows devices and Qualcomm's ARM-based chips for notebooks further pressure Intel.
Despite these challenges, Intel remains a formidable competitor, planning new chip generations and aiming to match TSMC's manufacturing technology by 2025.
Price Action: INTC shares traded lower by 0.66% at $43.45 premarket on the last check Monday.