Tuesday, September 5th 2023

Intel Predicted to Rely on TSMC for Increased Outsourcing in 2024 & 2025

Intel's leadership has announced the hastened expansion of 20 A and 18 A-capable fabrication facilities in Arizona, in order to meet next year's anticipated manufacturing demand from Foundry Services clients. Team Blue's native efforts are possibly not enough in the eyes of an investment bank—Taiwan's Commercial Times has managed to take a look at industry analysis conducted by Goldman Sachs Securities. Intel is predicted to broaden its outsourcing to TSMC in 2024 and 2025—although a part of said report proposes the hypothetically bizarre scenario where Intel outsources all of its products at a cost of $18.6 billion in 2024, and $19.4 billion in 2025 (in terms of total addressable market). A more down-to-earth synopsis outlines TSMC winning Intel outsourcing contracts worth $5.6 billion in 2024, and $9.7 billion for 2025.

According to Trendforce's report this would approximately account: "for 6.4% and 9.4% of TSMC's overall revenue in the corresponding years." Industry analyst Andrew Lu was contacted for comment on the conjectural conditions: "(this) explains that Intel's wafer chip manufacturing division competes with TSMC, rather than its design division. The design division is striving for survival in the high-speed computing semiconductor sector, and it is currently hopeful for close collaboration with TSMC. Lu even predicts that Intel's wafer manufacturing and design divisions will inevitably be further separated into two companies several years down the line."
Sources: Tom's Hardware, Trendforce, Tech Unwrapped (image source)
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20 Comments on Intel Predicted to Rely on TSMC for Increased Outsourcing in 2024 & 2025

#1
Denver
Intel showing its competence in using federal resources once again... Well played.
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#2
dir_d
This cant be true, what about the CHiPS act.
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#3
AnarchoPrimitiv
dir_dThis cant be true, what about the CHiPS act.
What about it? Giving away taxpayer money to corporations without any conditions whatsoever is what the Americsn government does best.
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#4
MachineLearning
So is Intel straight giving up on semiconductor manufacturing? Because that's what it's felt like for 8+ years now.
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#5
R0H1T
AnarchoPrimitivWhat about it? Giving away taxpayer money to corporations without any conditions whatsoever is what the Americsn government does best.
Tbf that's true for any major nation out there! The ones in power always have & always will follow the $ :shadedshu:
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#6
dj-electric
MachineLearningSo is Intel straight giving up on semiconductor manufacturing? Because that's what it's felt like for 8+ years now.
There might be some.... very interesting news sometime soon. Something very new.
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#8
shoskunk
This is business.. Im confused by some of the responses.

More demand *should* equal more competitive pricing. Wasn't this what everyone was complaining about during COVID?

Intel always said they were keeping a part of their business w TSMC...

New and improved! Now with more business!
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#9
Denver
shoskunkThis is business.. Im confused by some of the responses.

More demand *should* equal more competitive pricing. Wasn't this what everyone was complaining about during COVID?

Intel always said they were keeping a part of their business w TSMC...

New and improved! Now with more business!
I don't think anyone understands how you don't understand. The point is simple, if there are no competitors in terms of quality and advancements, automatically everyone depends on TSMC to manufacture their chips in the latest process, so they have a monopoly and can charge whatever price they want as there are no other options.

Intel received rivers of money in government subsidies, after boasting that it would beat both AMD and TSMC by 2025, the expectation was that they would be able to manufacture at least their own chips.
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#10
FoulOnWhite
DenverI don't think anyone understands how you don't understand. The point is simple, if there are no competitors in terms of quality and advancements, automatically everyone depends on TSMC to manufacture their chips in the latest process, so they have a monopoly and can charge whatever price they want as there are no other options.

Intel received rivers of money in government subsidies, after boasting that it would beat both AMD and TSMC by 2025, the expectation was that they would be able to manufacture at least their own chips.
i get the impression Intel are not using TSMC for everything. Intel do still manufacture their own chips. What's the big deal with them using TSMC, scared they will better AMD, who don't manufacture nothing of their own.
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#11
R0H1T
Well if they're not using their own leading fabs for their best(?) processors then what are they going to use all that money for? Let me guess ~


Yes I know a lot of it also has to do with securing US' chip supply closer to home but let's not kid ourselves, a lot of that money is going back to shareholders & executives at various levels! Just check the amount of money they spent from record profits on share buybacks in the last 5-10 years :shadedshu:

www.intc.com/stock-info/dividends-and-buybacks

This is where Apple gets at least some amount of credit IMO, they have made Axx & now Mx chips just killer machines across a variety of workloads although they're still robbing you for 8GB of extra DRAM or 128GB of storage!
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#12
EmerilLIVE
R0H1TWell if they're not using their own leading fabs for their best(?) processors then what are they going to use all that money for? Let me guess ~


Yes I know a lot of it also has to do with securing US' chip supply closer to home but let's not kid ourselves, a lot of that money is going back to shareholders & executives at various levels! Just check the amount of money they spent from record profits on share buybacks in the last 5-10 years :shadedshu:

www.intc.com/stock-info/dividends-and-buybacks

This is where Apple gets at least some amount of credit IMO, they have made Axx & now Mx chips just killer machines across a variety of workloads although they're still robbing you for 8GB of extra DRAM or 128GB of storage!
Apple has advanced to robbing you for 256GB of storage now
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#13
dyonoctis
MachineLearningSo is Intel straight giving up on semiconductor manufacturing? Because that's what it's felt like for 8+ years now.
R0H1TWell if they're not using their own leading fabs for their best(?) processors then what are they going to use all that money for? Let me guess ~


Yes I know a lot of it also has to do with securing US' chip supply closer to home but let's not kid ourselves, a lot of that money is going back to shareholders & executives at various levels! Just check the amount of money they spent from record profits on share buybacks in the last 5-10 years :shadedshu:

www.intc.com/stock-info/dividends-and-buybacks

This is where Apple gets at least some amount of credit IMO, they have made Axx & now Mx chips just killer machines across a variety of workloads although they're still robbing you for 8GB of extra DRAM or 128GB of storage!
I just think that Intel has become more pragmatic and realized that putting all their eggs in the same basket isn't going to work in the current market. More Allocation of intel nodes for Xeon/compute tile of future arch, when everything else on the portfolio will use external nodes. 2024/2025 is a match for Arrow Lake desktop/mobile, battlemage, and future chiplets arch using mixed nodes.
18A bringing back their node leadership still seems to be on the table, but they might have been tired to see people meme on them with 14nm+++++, intel 7+++, and the endless delay, and unplanned stop gap launch :D. The money is probably used for the "five nodes in four years" thing. If they fail at that too, they will become a bigger joke on tech forums
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#14
FoulOnWhite
dyonoctisI just think that Intel has become more pragmatic and realized that putting all their eggs in the same basket isn't going to work in the current market. More Allocation of intel nodes for Xeon/compute tile of future arch, when everything else on the portfolio will use external nodes. 2024/2025 is a match for Arrow Lake desktop/mobile, battlemage, and future chiplets arch using mixed nodes.
18A bringing back their node leadership still seems to be on the table, but they might have been tired to see people meme on them with 14nm+++++, intel 7+++, and the endless delay, and unplanned stop gap launch :D. The money is probably used for the "five nodes in four years" thing. If they fail at that too, they will become a bigger joke on tech forums
Intel will never be a joke. No company making 20B profit could be. They might be having problems getting their fabs on tick, but have enough money to pay to get their chips made for them, so why not.
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#15
Denver
FoulOnWhitei get the impression Intel are not using TSMC for everything. Intel do still manufacture their own chips. What's the big deal with them using TSMC, scared they will better AMD, who don't manufacture nothing of their own.
As an investor, I see this discrediting everything surrounding the claims that came from Intel. In the eyes of many investors, having the factories run as a profitable business and competing with TSMC and Samsung for big contracts was the vision of a big Intel resurgence after losing in virtually every segment.(Nand, GPUs, Datacenter, Gaming etc.. etc..).

As a rule you should be wary of any claims made by large corporations, in the case of intel this carries double weight. Finally, as a consumer I see that intel's incompetence will bring more inflation to the hardware market.
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#16
FoulOnWhite
The only thing that should matter is if the product is any good whoever it is made by, AMD ryzen been the prime example.
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#17
thestryker6
2019-2021 Intel accounted for around 5% of TSMC's revenue and most if not all of that would have been before Arc so this isn't a huge increase. They've not only got dedicated GPUs, but the IGP tile is also being manufactured by TSMC so this increased usage makes complete sense while they build internal capacity.
DenverIntel received rivers of money in government subsidies, after boasting that it would beat both AMD and TSMC by 2025, the expectation was that they would be able to manufacture at least their own chips.
Which subsidies are these again? Zero dollars worth of CHIPs Act funding had been dished out as of August.
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#18
shoskunk
DenverI don't think anyone understands how you don't understand. The point is simple, if there are no competitors in terms of quality and advancements, automatically everyone depends on TSMC to manufacture their chips in the latest process..
Correct. TSMC has the capability, knowledge, advancements, money, etc to make chips AMD and Intel couldn't make (for a period of time).

Are you forgetting Micron, Qualcomm, Broadcom, etc? If you want to talk monopoly in today's markets then go hug Amazon.

Intel is recovering. AMD is struggling. Apple and Nvidia are moving. This stuff changes. Do you want 10nm AMD video cards? Me neither.

TSMC is a third party provider. They run large process builds on individual lines or in runs on a given line. It's secure and proprietary to the customer.

Y'all spend so much time picking bad guys..
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#19
trsttte
thestryker62019-2021 Intel accounted for around 5% of TSMC's revenue and most if not all of that would have been before Arc so this isn't a huge increase. They've not only got dedicated GPUs, but the IGP tile is also being manufactured by TSMC so this increased usage makes complete sense while they build internal capacity.
Exactly! I think these "news" are misleading as hell, Intel has been one of the biggest customers of TSMC for a long time, long before their current fabrication woes. And besides, this are predictions from hedgefunds (with associated interests), doesn't say all that much about state of the industry in and of itself
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#20
claes
I don’t think it’s misleading at all, more that there are just very absent minded members who have big brain conspiracy maps all over their walls that are unconcerned with reality if they can say something negative about governance and corporations.
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