Intel experienced its worst year on record in 2024, with its stock plummeting 61%, marking its largest annual decline since going public in 1971. The company struggled to compete in the artificial intelligence (AI) sector, losing market share to rivals like Nvidia and Advanced Micro Devices (AMD). Intel's challenges included lagging server chip performance and a lack of a comprehensive AI strategy, which contributed to its removal from the Dow Jones Industrial Average and a significant reduction in market capitalization to approximately $85 billion. Intel's CEO, Pat Gelsinger, was ousted on December 1, 2024, following a tumultuous tenure, and the company announced plans to cut 15,000 jobs. In contrast, Broadcom's stock soared 111% in 2024, its best performance ever, driven by a 220% increase in AI-related revenue. Broadcom's stock also surged 45% in December alone, fueled by its custom AI chips and networking components, which have become integral to major cloud providers. Broadcom is now valued at $1.1 trillion, making it the second most valuable chipmaker after Nvidia, whose stock rose 178% in 2024, following a 239% gain in 2023. Nvidia remains the leader in AI hardware, benefiting from its dominance in GPU technology. The contrasting fortunes of Intel and Broadcom highlight the shifting dynamics in the semiconductor industry, with AI playing a pivotal role.