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Stocks@lemmy.worldEnglish · 10 months ago

Citi: "Intel Foundry Has Proven Over [The] Years It Cannot Compete With TSMC, And Forcing A Company To Use Vastly Inferior Manufacturing Would Destroy Shareholder Value"

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Citi: "Intel Foundry Has Proven Over [The] Years It Cannot Compete With TSMC, And Forcing A Company To Use Vastly Inferior Manufacturing Would Destroy Shareholder Value"

commander@lemmy.world to

Stocks@lemmy.worldEnglish · 10 months ago

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cross-posted to:
hardware@lemmy.world

Citi thinks Intel's chip fabrication business has a "highly unlikely chance" of succeeding and entails a major drag on cash flow.

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