Intel's recent announcement of a strategic alliance with Amazon Web Services (AWS), along with US$3 billion in funding from the CHIPS and Science Act for the Secure Enclave program, underscores the robust support Intel receives from both the government and the private sector. "The Board and I agreed that we have a lot of work ahead to drive greater efficiency, improve our profitability, and enhance our market competitiveness," stated Intel CEO Pat Gelsinger in a message to employees. With a historic dominance in the CPU market—maintaining a 76% global market share as of the first quarter of 2024—it is challenging to envision such a giant stumbling. Yet, persistent financial challenges have plagued its operations and led to stagnant sales growth. A recent 10-Q report filed on August 2 revealed that Intel's Client Computing Group experienced a 19% revenue growth in the first half of 2024, while areas like Data Center and AI, Network, and Edge showed little change.