Citi: "Intel Foundry Has Proven Over [The] Years It Cannot Compete With TSMC, And Forcing A Company To Use Vastly Inferior Manufacturing Would Destroy Shareholder Value"

Intel has spent a lot of money trying to get 18A online, a lot of borrowed money. And I don't see a lot of companies lining up to use it.

18A sounds better than TSMC's 2N, but it might just turn out to be too expensive for customers, especially if a global recession hits.

Just my 2¢.