For years intel delivered like clock work primarily because TMG delivered tick tock. Something happened in the past 6 to 8 years as TMG went from mutiple year process leadership to likely losing this year.
14nm continues to under deliver and impact the bottom line, yields missing targets and busting cost and profits.
10nm slip becoming a multiple year delay instead of quarter delay that will really bust margins this and next year.
7nm looking more and more like a disaster before it even becomes real. Throwing good money is t the solution, a change is required!
What happened in TMG over the past 10 years for such a collapse?
https://www.fool.com/investing/2017/02/18/intel-corporations-14-nanometer-yields-still-have.aspx
https://www.fool.com/investing/2017/02/18/intel-corporation-delays-10-nanometer-cannon-lake.aspx
https://www.fool.com/investing/2017/02/20/intel-corporation-steps-up-7-nanometer-investments.aspx