Warning if you haven't clicked already - lame article on a cancerous website.
this post was submitted on 07 Sep 2024
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Admittedly, Intel is running out of margin. Whatever the real reason for the 20A cancellation, there is very little time left to prove that 18A is everything Intel claims. And yet the prize for Intel if it can deliver with 18A is monumental.
Simply because we've done the whole "single point of failure" before when it comes to markets, I hope they succeed, so we don't have a repeat of the chip shortage in 2020. Giant companies suck, but we'd all feel that one if TSMC was the only player and got swept up into a military pissing contest between China and the US.
I'm guessing that Intel's contingency plan includes a US government bailout if they fail.
Of course it does. Why wouldn't it? If I were an unscrupulous major shareholder of Intel looking for profit maximization above all else, I'd assume a bailout in the cards. Stop squeaking and give me another stock buyback. We gotta pump this bitch as far as it'll go before it hits the wall.
As long as they don't fuck it up in a similar fashion to seemingly every other thing they have tried for a couple decades.
It's never game over in tech unless thst company just dies
Twitter is a shining example of that.