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So, even though Intel has been incredibly profitable for many years, they Gelsinger is asking for US and EU government support because... uh, uncertain times? That it?

How much did they ask Isreal for this 600 million investment? [0]

[0] https://www.israel21c.org/intel-announces-600-million-boost-...

The EU should invest in AMD and build fabs without Intel if we are to be "independent"

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It’s not hard to see Intel struggling in the future as AMD has produced a better architecture and Apple is starting to compete in the space.

Until Apple unlocks their chips (see never) from their own ecosystem and starts selling server chips and chips that other people can build systems with, they are not really 'competing' in the space.

That's if the ecosystem doesn't revert to a MacOS majority over Windows

starting a fab business from scratch to something like current 7-5nm nodes is a multi-decade, likely high multiples of 10B€ endeavor. while I agree having such capacity is a matter of EU security, paying Intel and TSMC to build their fabs on EU ground in ~2 years for less money is an attractive proposition and not mutually exclusive with the former to boot.

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