It doesn't take a rocket scientist to realize that semiconductor giant Intel Corp (NASDAQ:INTC) is hurting.

Over the past 52 weeks, Intel slipped approximately 58%. A range of woes, from management miscues to brewing skepticism of its competitive viability, have clouded the once-proud tech juggernaut. However, it's also possible that — at least in the near term — the ugliness could already be baked in.

In early December, Intel's board reportedly forced out CEO Pat Gelsinger, which wasn't the most surprising development. While the chipmaker took significant steps — including a dramatic workforce reduction — to right the ship, the...