Intel (NASDAQ: INTC) is likely facing the most significant crisis in its history. The company produced the first commercially available microprocessor, making itself the world's largest semiconductor company and maintaining that title for decades.

Unfortunately for Intel, it lost its technical lead in the 2010s. While it remains one of the industry's major producers, companies like Nvidia and Taiwan Semiconductor (TSMC) eclipsed it in size and technical prowess.

The latest crisis is CEO Pat Gelsinger's ongoing attempt to bring Intel back to the top, and indeed, investors should temper expectations of any near-term comeback. Still, the pessimism surrounding Intel is likely overdone, and the semiconductor industry's dynamics could help it bounce back.

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Source Fool.com