Reply to post: Re: Hang on a sec

This investor blew nearly $300,000 on Intel shares the day before 7nm disaster reveal. Yup, she's suing

Anonymous Coward
Anonymous Coward

Re: Hang on a sec

"Sucks to be intel now."

Just re-watched "Chernobyl" and it reminded me:

"Every lie we tell incurs a debt to the truth. Sooner or later, that debt is paid."

Intel has told a few porkies around 10nm and the current state is approaching the truth - 10nm is a bust flush, they can make some things on the process but it will never be "full production" and they will now use TSMC to fill that hole.

Given the extent of that truth (TL;DR: sorry guys, we blew US$200bn and have a huge hole in our portfolio for another 3-5 years which a competitor will fill for us), I suspect the state of 7nm may have been overly pessimistic as they want to ensure all debts are paid....

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