Intel’s fabs are allegedly of strategic importance. Do you think that this investment should have been catered towards saving them or do you think that it just creates moral hazard?
Good point. Maybe saving the fabs is a good idea. But I also wonder if it is only a temporary benefit. Is intel going to be the leader in this space in the future? I feel the cultural failures of the company make its decline inevitable. Either way we may need to fund new innovation but outside of Intel.
