Part 5/10:
Amidst these financial challenges, Intel's R&D expenses escalated, with $4 billion spent in just the latest quarter. While investing in R&D is crucial for tech firms, the operational results have been lackluster, contrasting sharply with competitors like Nvidia, which spent $3.4 billion and generated significant positive cash flow. This stark disparity suggests pervasive operational inefficiencies within Intel, further complicating its ability to execute a turnaround strategy.