https://finance.yahoo.com/news/intel-names-qualcomm-apos-davis-232919428.html

Swan is trying to revive Intel’s fortunes as the company faces questions about its future. Intel processors are the heart of more than 90 percent of the world’s laptops and almost all server computers, yet delays in introducing new chip-manufacturing technology have led some analysts to warn that the company is more vulnerable to competition than it has been for decades.

The chipmaker reported record sales and profit for 2018, but fell short of analysts’ projections for the fourth quarter and gave a disappointing forecast for 2019.