$Intel(INTC)$ People underesti

People underestimate the fact that U.S needs the chip industry in order to keep their military and technological edge. Apple, Microsoft, Amazon, Meta, Google, Nvidia will all manufacture their chips both at Intel and TSMC.

Diversification is a requirement not an option.

Intel has to put all the stuff that is required for an outside company to make their chips at IFS (They are starting from scratch). That takes time. I believe Intel has been working on it for the past 2 years at least.

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