Which is a good reason to split Intel into fab and fabless design. We have the latter outside Intel. We need the former.
Yup, we don't need Intel, we need fabs.
Who uses the fabs then? Without Intel Design giving the volume, the fabs die.
AMD, Qualcomm, Apple, Nvidia, Amazon... Did you miss the part where we are awash in chip designers?
Of all of those, only Amazon has a design planned for 18A. Just because chip designers exist doesn’t mean that their business is going to go Intel. If they had customers lined up they wouldn’t have been delaying their new fabs.