However, subsidies always come with requirements for companies to fulfill. While it may sound great that Intel is getting billions of dollars in money to build and operate new fabs in the US, those fabs come with massive operating expenses. Unless Intel finds a whole lot of new product to run through those fabs, and soon, the subsidies could end up putting Intel in an even worse financial hole than it is already.
Intel needs to change its internal culture to get back on a path towards success. I don't know if any CEO is capable of fighting and winning that battle within the span of a few years, and time is running out.
Part of what impresses me about TSMC are some of the anecdotes that have trickled out about how they approach process R&D. TSMC runs experiments 24/7 with each team building on the results of the previous shift. This allows it to iterate much faster than many competitors. It is that kind of dedication and drive that Intel needs to push its leading edge manufacturing capabilities back into world class status, but that isn't the kind of change that can be achieved purely by throwing money at the problem.
Intel needs to change its internal culture to get back on a path towards success. I don't know if any CEO is capable of fighting and winning that battle within the span of a few years, and time is running out.
Part of what impresses me about TSMC are some of the anecdotes that have trickled out about how they approach process R&D. TSMC runs experiments 24/7 with each team building on the results of the previous shift. This allows it to iterate much faster than many competitors. It is that kind of dedication and drive that Intel needs to push its leading edge manufacturing capabilities back into world class status, but that isn't the kind of change that can be achieved purely by throwing money at the problem.