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by tmaly 489 days ago
Intel cannot afford to create a new fab on the newest technology.
2 comments

> Intel cannot afford to create a new fab on the newest technology.

Where did the billions they racked-up in the past decades go to..?

They wasted it on stock buybacks and acquiring start ups that they went onto kill.
the cost to build a state of the art fab is on the order of 30 to 50 billion.
Have you looked at their balance sheet?