Recently, AMD developed a new innovative chip design that produced better power and greater efficiency. And AMD's foundry partner, Taiwan Semiconductor Manufacturing Company, surpassed Intel in process technology due to Intel's management decisions and manufacturing problems.
https://www.fool.com/investing/2023/01/02/semiconductors-are-a-trillion-dollar-industry-now/
Seems a lot like Kodak, Intel thinks IDM making inferior chips is a good strategy.
Seems a lot like Kodak trying to get in to digital photography or printing business tens years to late after the big boys already locked the whole business up.
“ AMD's third-quarter earnings showed that its data center business grew 45% over the previous year's comparable period to $1.6 billion. In contrast, Intel's Datacenter and AI Group saw revenue drop 27% to $4.2 billion during the same period.”
“ The PC market peaked in 2011 at 365.4 million units shipped and then dropped like a rock. While the industry recovered between 2019 and 2021, some believe the market is in a long-term secular decline, with the industry slowly dwindling. If true, that is a disaster for PC manufacturers and component suppliers.
The PC industry has two significant long-term issues. First, as chips have increasingly become more powerful, consumers have gone longer without upgrading. For instance, if you use a computer for emailing and surfing social media, you might never need to upgrade from current PC models -- the hardware is good enough. Second, consumers shifted their habits from computing on PCs to using mobile phones and the cloud. ”