Intel's Resurgence Mostly Due to This 1 Thing

Six years ago, Intel (NASDAQ: INTC)was presumed dead as the PC market ran into rough weather. Mobile devices such as smartphones and tablets captured the fancy of consumers as they were both cheap and capable, and Chipzilla wasn't prepared for this shift. Intel's subsequent efforts to capture the mobile market failed as competitors already had a huge first-mover advantage.

Not surprisingly, industry watchers believed that Intel's heyday was over as it will find it difficult to grow in the post-PC era.