INTC has been one of the great American growth stories in modern history.
Past performance is not indicative of future performance. Spry, A. Intel headquarters in Santa Clara.
But what does that future look like? Intel is doing this as a part of the restructuring and as they had mentioned before, they would be looking at certain projects and evaluating their feasibility.
The death of Moore's Law means that the company will need to find innovative new solutions to not lose ground and, crucially, miss deadlines. A strategic objective based on this intensive strategy is to grow Intel through novel products to enter new markets, such as the market for smart home systems.