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Intel is laying off over 15,000 employees and will stop ‘non-essential work’
(www.theverge.com)
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this post was submitted on 01 Aug 2024
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This sort of thing is increasingly making TSMC a monopoly as a fab. Due to the extreme economies of scale, fabbing looks like something that is hard to do well under the capitalist model. Perhaps a good time for some of the larger nations of the world to start publicly owned fabs (that publish their research instead of hoarding it) instead of ending up with the whole world reliant on one company that will eventually be able to name its price.