Intel prides itself on making computers faster, cheaper and smaller, but in recent years, the company lost a chip manufacturing edge it had to make that happen.

The company hasn’t kept up with its own deadlines to advance chip technology and has dealt with embarrassing product delays. In recent years, Intel hasn’t been able to advance the chip manufacturing process on a regular two-year cycle, a schedule it had in place for decades.

After encountering challenges involved in making teenier chips, Intel is now advancing the chip manufacturing process every two and a half years. It did so with its current 14-nanometer manufacturing process, and is expected to do so with its upcoming 10-nm process, Stacy Smith, chief financial officer, said during a speech this week at the Morgan Stanley Technology, Media and Telecom Conference.

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