Intel Emerges as Symbol of Big Tech's Decline

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Noah Smith, Intel Emerges as Symbol of Big Tech's Decline. Bloomberg Opinion, July 30, 2020.
https://www.bloomberg.com/amp/op ... ase-for-federal-aid

Quote:

"Its [Intel's] focus on its existing high-end markets caused it to stumble in newer markets for cheaper chips [for cellphones alike] -- a classic case of the so-called innovator’s dilemma.

" Computer chips are essential to modern warfare, and it’s too risky to let China have a stranglehold on high-level control circuitry. Taiwan is a de facto U.S. ally, but if it gets blockaded in a conflict with China, the U.S. could be cut off from TSMC’s factories and lose access to critical chip supplies at the worst possible moment.

"GlobalFoundries, a US company whose business model is similar to that of TSMC, has been unable to bear the research and development costs necessary to stay at the leading edge. [Whatever happens to Abu Dhabi's deep pocket?]