Intel Corporation is experiencing significant financial difficulties in 2024. The company's stock price has plummeted by 70% over the past 24 years and is currently trading at $19.50, its lowest level since September 2010. This marks a 15-year low for Intel, which is also trading 25% below its high price from 20 years ago. The decline has raised concerns about Intel's future, with speculation that it may be removed from the S&P 500 index. Once a symbol of American technological prowess, Intel is now seen as a symbol of the decline of the US, unable to design great chips anymore. Competitors TSMC and Samsung have now surpassed Intel in the global chip manufacturing market.