Intel has suffered more than one misstep in its recent attempts to move to more advanced chip-fabrication technologies. Performance-wise, AMD has been eating its breakfast. RISC-based alternative architectures like ARM and RISC-V are eating into the x86 market. Now an investor fund <https://arstechnica.com/gadgets/2020/12/activist-hedge-fund-advises-intel-to-outsource-cpu-manufacturing/> is suggesting that Intel outsource its chip-making facilities altogether (like AMD did years ago). This part was news to me: “Intel has lost some $60 billion in market value over the past year...”. According to Yahoo Finance <https://finance.yahoo.com/quote/INTC/>, its current market cap is just a bit over $200 billion. So that $60 billion represents a huge drop in its share price.