Nvidia
AMD
Apple
Qualcomm
Broadcom
Meta/Google/Microsoft/Amazon
All individually bigger than Intel and DIRECTLY funding TSMC R&D. You can’t achieve their economy of scale with a puny revenue flow compared to these giants. They won’t risk their bread and butter products on Intel fabs.
The TSMC ecosystem has incredibly strong network effects.
Optimizations learned from one customer can get applied to everyone. Smaller players can draft behind larger players - like Apple path clearing for them.
Not to mention the tooling, libraries and support that have accrued over decades. The more customers you have, the stronger you become.
Intel has maybe one or two customers kicking the tires. I predict that nobody is going to commit any meaningful volume pretty much ever.
You have got to wonder what the details of the pitch were that the new CEO used to convince the board to bring him back and bet the farm on IFS...
and/or didn't anybody on the board think to ask for a SWOT analysis of the proposal? or projections as to the investment and cashflow needed over next 10 years assuming the business grows with low, median or high case?
because it seems to me that if you gave this project to any average MBA class 95/100 would say to ki-l it... and the other 5% would have gotten a failing grade.
Adding to the ecosystem list
Tesla
Intel (lol!)
Mediatek
Sony
Analog devices
Marvel
NXP
Hi Silicon
Texas Instruments
And the 100 different startups.
Intel wants to compete with all that.
Building an ecosystem to compete with TSMC is like IBM OS2 trying to compete with windows.
Or meego vs android/iOS
Or x86 phones vs ARM phones
Or WiMAX vs 3g/4g/5g
Or…you get the idea.
Everything Intel tries to do outside of PCs is just hot garbage.
Lack of expertise.
Lack of scale.
Lack of critical mass and so on.
TD has only ever had to tune process and cores for why IA needed…. think about it, if most all of wafer cavity goes to IA , why do you think would happen?
add into that the general disdain and even hatred for Intel. Nobody has to and nobody wants to move to Intel . Meanwhile Intel executives are swanning around picking up awards and doing y their volunteer hours …… it’s truly crazy
but Intel has more DEI and green initiatives... lol go woke, go broke
I actually did this analysis 10 years ago comparing Intel vs. the TSMC ecosystem. Nobody wanted to listen.
Intel dum dums this was very much obvious to anyone endowed of a half brain
The 3rd Tier MBAs at Intel do not understand this lol