After acquiring Altera for $17e9, they are spinning it off.
>
> Intel can't do anything but the ancient x86.
Their multiprocessor chips don't look much like the 8086, and are great deal bigger (at least in transistor count). Some of them may be code compatible, in that they can still run ancient 8086 code, but Intel doesn't always chose to cripple themselves in that way.
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> They fell behind on fab, too, after investing a couple billion in the
> Cymer/ASML EUV buyout.
They did, but still seem to be trying to catch up
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