4d ago

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"

Stocks @lemmy.world

commander @lemmy.world

4d ago

wccftech.com /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/

4 comments

Funny, I'm opposed to the tariffs, and nationalism in general since globalism is simply more humane, but losing shareholder value is just fine in my book. Intel is grossly overvalued, and their participation in weapon component manufacturing reduces any sympathy to zero.
https://www.manufacturingdive.com/news/intel-3-billion-award-secure-enclave-national-security-defense-chips-act/727163/
I do, however, have sympathy for the people who have their retirement in stocks which will inevitably include Intel, and for the employees, especially the underpaid.

The little Dutch company called ASML could now do a very funny thing by implementing DEI Programs.

There is no way this JV between Intel and TSMC will work. It makes no sense at all; it was clearly made exclusively for political reasons.
- Intel Needs EUV Lithography, The Machines come from ASML in the netherlands,the Optics from Zeiss in Germany. a joint Venture is a backup strategy to not lose access to the technology, by some trump fuckup like the recent Tarrifs. TSMC will continue to have access to this stuff becaue Europe uses this technology as a lever to secure Taiwan,since China wont attack Taiwan as long as attacking means losing the next 5 generations of chip manufacturing. You can see similar Strategies by other companies like Nintendo manufacturing in Vietnam to bypass tarrifs on importing from china.while Nintendos strategy backfired because of the tarrifs on everything the JV could actually work.