Intel corp which was founded in 1968 is considered a blue chip stock, as it has proven track records of performance, stock value thru considerable wealth earnings & savings in banks untouched, leadership & innovations for more than 4 yrs which is the point of which serious investors would look into to invest for long term ROI or yields.
Ultimately, how the company, an MNC performs, is how it is managed, under Capitalism & the Free Market which works hand in hand to provide honest services, jobs & opportunities to investors.
Unlike State run companies funded by dictatorships thru cronyism such as those in China, there is NO option for failures in open democratic societies where transparancy is a must. Each CEO hired is based upon his/her proven record & thus the high salaries they command, agreed upon by owners & majority shareholders. Such blue chip companies are NOT charities, but RESULT ORIENTATED.
Such failures on the company's direction - progress - would mean the end for the CEO's career, & REPLACED by another. Time would be given to the CEO to prove success, but ultimately, there is a limit to time.
Fluctuations in markets are only common, mistakes will be made as no mortal is perfect, but should mistakes go unacknowledged or corrected, then either the company, staff & investors would demand the resignation of the CEO one way or another, so as to bring a blue chip stock back to profitability.