➀ Intel's stock tumbled and market value shrank after a disastrous second-quarter report; ➁ CEO Pat Gelsinger's cost-cutting measures include laying off employees, selling assets, and splitting the chip manufacturing division; ➂ Intel's IDM model and tick-tock production strategy failed to keep up with competitors like Samsung and TSMC; ➃ Intel missed opportunities in mobile chips, autonomous driving, and AI, despite its strong investment in research and development.