Internal power struggles damaged Intel along with outsourcing.
I worked there for 27 years and loved it until Paul Ordelini retired.
The chip biz is a place where the rich get richer and the poor get poorer.
Foe over 50 years Intel got richer and richer while many others got poorer and some even starved to death.
Seem like they have transitioned from a policy of rapid innovation and creative extinction to stagnating and milking their product lines and relying on their market dominance