Intel's stock dipped to record lows in 2024, owing to several other problems the company was facing, but the Raptor Lake instability was also a contributor. CEO Pat Gelsinger was let go as the board of directors considered him incapable of turning the company around. The company's Arrow Lake launch didn't exactly turn a new leaf, and any hopes of the company making a comeback in the desktop CPU space anytime soon are slim, at best.