Intel’s stock has declined 45% over the past year, largely due to its struggles in the AI chip market and foundry ambitions, compounded by unsuccessful past acquisitions. Recently appointed CEO Lip-Bu Tan aims to revitalize the company by focusing on AI chips and improving its foundry operations, despite significant challenges, including competition from Nvidia. While Intel’s physical assets and core products show some promise, the company faces an uphill battle to regain market share and profitability amidst ongoing losses in its foundry segment.