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Episode 6: Semiconductor Industry Earnings Review

The Circuit

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Is IFS a Real Business Until 2030?

I think it's important to point out, and this is data that you and I have discussed a lot in the past, which is Intel is tiny. Intel is less than 10% of total wafer capacity. And if they can get the manufacturing process right, then only then can they really start to build IFS, the founding business for third parties. But again, that's going to require scale to even be a fraction of TSMC's bit foundry business size. Yeah. It's just such a, it's just such an interesting problem, but it's always like you think it and you find yourself in hard times.

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