The AMD vs Intel game is minuscule compared to the Intel vs TSMC vs Samsung game.
Intel doesn't have a great track record in contract mfg, but there is absolutely no reason this story can't change. Especially, if more subsidies arise in the future...
The day Intel gets EUV 3nm fabrication running at 90% yield, all commitments to fabrication for other parties will be forgotten. Given the choice between producing a contract part for you to sell or super-fat margin Xeon Platinum Gentlemen’s Club Edition for them to sell, you can eat shit.
The contract fab push exists to keep 401k funds from divesting in the near term.
The AMD vs Intel game is minuscule compared to the Intel vs TSMC vs Samsung game.
Intel doesn't have a great track record in contract mfg, but there is absolutely no reason this story can't change. Especially, if more subsidies arise in the future...