Intel wasted billions. Buy high, sell low (pennies on the dollar). Intel gets duped by slick start-up ppt presentations and demos ($ucker like 🇺🇸 govt).
https://semiwiki.com/forum/threads/intel-shuts-down-granulate-less-than-three-years-after-650m-acquisition.21376/
https://semiwiki.com/forum/threads/how-intel-ruined-an-israeli-startup-it-bought-for-2b%E2%80%94and-lost-the-ai-race.22062/
https://en.m.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Intel