Better nodes are a sine qua non for better products
But I think Intel's problem is not that Pat prioritized 5N4Y; it's issue is the huge IFS capex program that they didn't have the resources for
It should have been more calibrated, more deliberate; plenty of analysts and investors offered that cautionary feedback but Intel (Pat?) was quite stubborn and set; and lost a lot of investor support (he is now frustrated and says he wants only long term shareholders 🙄 )
Because of all the capital needed for the new fabs, they cut the dividend and lost a section of their legacy shareholder base, and they are now having to sell pieces of the fabs to private equity
All that was unnecessary; getting the nodes on track was absolutely necessary
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