https://finance.yahoo.com/news/samsung-picks-texas-advanced-u-032558343.html
"Recently, Intel’s troubles ramping up on technology and its potential reliance in the future on TSMC and Samsung for at least some of its chipmaking have underscored the extent to which Asian giants have pulled ahead in recent years. The administration discouraged Intel from pursuing plans to operate a factory in Chengdu, China to manufacture silicon wafers."
Pat's big idea, like with vmware, was to cut costs and do nothing else.
It's some big-brain choices to continue to want to build and work within China that he's pulling out -- and at the same time attempting to snuggle up to the USG and claim 'national security, give us money.'
I'll say this, Pat has gumption.
Relying on superior business model, strategy and execution is a bad strategy. To try and compete with inferior technology, scale and economic fundamentals is plain stupdity