It may take some time. A new CEO. but eventually Intel will shutter its foundries.
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Same thing happened to IBM and then Motorola, and these companies got better. Intel is next. Everything is built on a lie in TMG. They make themselves look better than they actually are. First, PTD engineers are given near impossible assignments. Then to keep their jobs and pride, eventually pawn off phony data for other factories to copy. Since data is corrupt, other factories perpetuate the false data and the lies. Ergo, there is no BAU in production, each product line is run in constant task force mode, the recipe for complete disaster.
Totally agree that TSMC now is capable to provide all the manufacturing to Intel. And if they do it on 10nm likely will be cheaper than using TMG as Apple has funded the tools and R&D. In another year they can do it on 7nm for cheaper than TMG too
As to anyone buying TMG, sadly little stupid money floating around.
Oil guys are getting rich again but everyone knows the GF situation.
TSMC and Samsung are now leaders and wouldn’t want the Titanic.
A China firm would certainly want to do it and have the money,but can’t
You always can hope at the stupidity of private equity. But I think Intel is stuck with the boat anchor of TMG, Eat thing would be the fire most of the senior management as first step in an attempt to resuscitation of TMG
Best thing Intel can do is sell off TMG. They are becoming more and more insignificant. Intel would be better off saving costs by providing it's chip designs to TSMC for production.
too many VP's & senior managers who are not technically sound.
Agreed, but things will still need to get much, much worse before they get any better for Intel.
This is just the start of the downfall, not the bottom.
That is going to be some big fish layoffs as they cut all the useless managers likely a lot of GR9, 10, 11 and VPs are going to walk the plank.
Keep the worker bees and new management will beat them more