Even from the point of view of ordinary shareholders, buying Intel shares is pointless over periods of 20 years or more, i.e. pension plans. This is a pure Zombie company.
Look at Microsoft, Intel's key ally for the last 30 years - its net profit per quarter is already close to the capitalization of Russian Gazprom (which once, in 2008, was worth more than $300 billion, several times more than Microsoft's capitalization, and now is worth nothing), and Microsoft's capitalization already exceeds the capitalization of the entire stock market of Putin's Russia many times over, although from the point of view of the Windows ecosystem they have completely degraded, but they moved into other niches in time and succeeded. For how long - that's another question...
NikoB.