Intel, one of the biggest names in microchips, is in serious trouble. After 56 years of making powerful chips, the company is facing its toughest challenge ever. Here’s what’s happening:

Massive Stock Drop: Intel’s stock has taken a huge hit, dropping nearly 60% since the beginning of the year. Things got even worse in August when investors, including big-time billionaire Warren Buffett, started selling off their shares. This massive selloff has sent shockwaves through the tech world, causing many tech stocks to lose almost $3 trillion in value.

Seeking Help: Intel is now hiring major financial advisors like Morgan Stanley and Goldman Sachs. They’re trying to figure out what to do next, including whether to cut costs, sell parts of their business, or even shut down some of their chip manufacturing operations.

Impact on the US: This isn’t just a problem for Intel—it’s a big deal for the whole country. The US government invested $280 billion in 2022 to boost domestic chip ...