Intel once set the pace of technological progress. Gordon Moore, one of its founders, predicted in 1965 that chips would get faster and cheaper with metronomic consistency. Over the decades Intel brought Moore’s Law to life, designing and building the processors that powered servers and, later, personal computers. Today it makes headlines for its turmoil more than its technology. On August 7th President Donald Trump demanded the resignation of Lip-Bu Tan, Intel’s boss, citing his links to China, only to praise Mr Tan four days later after meeting him. Reports soon surfaced that the government was pursuing a 10% stake in the company, which would make it Intel’s largest shareholder. On August 18th SoftBank, a Japanese tech conglomerate, announced that it would invest $2bn in the company.
