Once a titan in the tech industry, Intel is now trying to climb out of what its CEO describes as a “mud hole.” Rivals from Taiwan and South Korea have overtaken the semiconductor company in advanced chip making, and would-be Intel customers have backed away from projects. WSJ’s Asa Fitch unpacks the stakes of Intel’s comeback plan. Further Reading: - Once Mighty Intel Struggles to Escape ‘Mud Hole’  Further Listening: - The $1 Trillion Company That Started at Denny’s  - America’s Answer to the Chips Shortage  Learn more about your ad choices. Visit megaphone.fm/adchoices