Intel's Comeback Looks Impossible. So Did AMD's.
Years of manufacturing issues for Intel (NASDAQ: INTC) has led to a situation that would have been unthinkable five years ago: The manufacturing edge the chip giant long enjoyed is gone. Taiwan Semiconductor Manufacturing (NYSE: TSM), which counts Intel rival Advanced Micro Devices (NASDAQ: AMD) as a customer, has pulled into what looks like an insurmountable lead.
While Intel is still churning out PC chips built on its now ancient 14nm process, TSMC has been offering its customers 7nm chips for quite some time. Intel won't have 7nm chips of its own until 2023, assuming nothing gets derailed before then.
Intel will spend big in the coming years on manufacturing as it looks to close the gap and launch its own foundry services business. The company is pouring $20 billion into two new facilities in Arizona, and its annual capital spending is right around that $20 billion mark.
Source Fool.com
