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THE SEMICONDUCTOR SURVIVAL BATTLE Part 1 of 5 Lip-Bu Tan (Intel) vs. C.C. Wei (TSMC)

It was more like the US government demanded advanced chip production in the US as a milestone, but Intel already had already previously decided to ramp Intel 4/3 in Ireland first. The team and tools were there. This disqualified Intel from the government subsidy.

Since the Irish ramp was before the EU started giving funding for chips, they got no money from there either.

The US government should have considered this. Unlike TSMC, Intel does process development in the US. In fact it is the only company doing so. I am purposely ignoring IBM here since they produce nothing with it.

Pat cancelled the German, Israeli, and Polish fabs before any construction started. So you can't claim much money was lost there. If there is any millstone it is the Ohio fab.
 
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There was no stock buy back under Gelsinger...
And he did build fabs just was not able to fill them... Cause surprise your predecessor had already planned everything at TSMC and you can't shift it back instantly.
 
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