A Decade of EBITDA: Intel vs. Garmin

In the ever-evolving tech landscape, Intel Corporation and Garmin Ltd. have showcased contrasting EBITDA trajectories over the past decade. From 2014 to 2023, Intel's EBITDA peaked in 2020, reaching approximately 36 billion, before experiencing a significant decline to around 11 billion by 2023. This represents a dramatic drop of nearly 70%, reflecting challenges in the semiconductor industry and increased competition.

Conversely, Garmin Ltd. has demonstrated a steady upward trend. Starting at around 768 million in 2014, Garmin's EBITDA grew by approximately 65% to 1.27 billion in 2023. This growth underscores Garmin's successful diversification into fitness and outdoor markets.

These trends highlight the dynamic nature of the tech industry, where adaptability and innovation are key. As Intel navigates its challenges, Garmin's consistent growth offers a compelling narrative of resilience and strategic foresight.