Wow oh wow is it now apparent that IDM and IFS is a failed strategy ?
Yeah the economy is going south, yeah chips went from a shortage to a surplus. But Intel will be back! Yeah right, LOL or crying for Intel and sad for America that the CEO is such a failure.
How did Intel become such the failure it is now?
Go look at TSMC, TI, GF, AMD, Nvidia, Qualcomm. They all grew while Intel didn’t, now look, Intel has been totally exposed.
The king has no clothes! Does anyone believe he who learned at the masters feet knows WTF he is doing ? Never again, AMD in the rear view mirror. He who waves during the state of the Union BS? He who is building in Arizona, Ohio and Germany, yeah right! He who say we are on track ?
Intel hit the iceberg more than a decade ago when they failed at Foundry, missed mobile, failed at 10nm and 7nm. Failed to pivot to diversify and thought x86 and drones were the thing of the future. The last three CEOs and the BoD and ELT were all totally in denial and still are now and, now they hired a fanatic.
Trust me you can’t save your way nor can you spend and build your way out of a flawed strategy.
The arrogance to think Intel can take technology leadership and that is what matters. Do they have smarter engineers, smarter managers, smarter VPs, smarter ELT, smarter BoD? Is the past is any indication. Intel has missed executed the last 15 years and the only thing that saved them was the x86 monopoly and that is gone as well as irrelevant.
All the tax payers money and chip on shoring won’t put Humpty Dumpty back together again.
Baring invasion of Taiwan, Putin or N Korea’s going nuclear Intel is finished, simple common sense for those that understand the business. Everyone hopes, but hope isn’t a strategy. The decline is accelerating, it’s going to be really really ugly!