<p>➀ Intel's stock value stagnated over 25 years, with $10,000 invested in 2000 now equivalent to $18,651 after inflation; </p><p>➁ Intel spent $133.86 billion on stock buybacks from 2000-2021, raising questions about prioritizing financial maneuvering over process technology R&D; </p><p>➂ Former CEO Paul Otellini’s 2008 dismissal of Arm’s potential in smartphones highlights strategic missteps and managerial hubris.</p>