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Intel and Qualcomm: This 'odd' couple won't solve America's chipmaking woes [Business Insider]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
A tie-up will not fix America's chipmaking woes. "Real men have fabs," AMD cofounder Jerry Sanders once said. This was back in the late 1980s. The sexist comment needs updating, but his broader point is suddenly very relevant in 2024. Today, it would be better to say "real countries have fabs." A fab is a factory that manufactures semiconductors. These giant facilities require billions of dollars and several years to build. They are incredibly hard to run efficiently. Intel was the best at this for decades. Then, around 2018, its lead began to crumble, thanks to a series of missteps. TSMC , an upstart from Taiwan, steadily gained and is now unquestionably the best chipmaker in the world. Bloomberg's veteran chip reporter Ian King wrote about this in late 2018. Since then, Intel has plummeted and TSMC has soared. Intel is now worth less than $100 billion. It doesn't even crack the top 150 companies based on this measure. TSMC is worth almost $1 trillion these days, putting
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