Long term, the formula is the same: AMD will be reaching the end of the Zen product stack in a year, Intel is recovering from their 14nm+++++++ (+?) era, and there are rumors about Keller's new stacked/ultra-dense designs swirling around. Intel will want a replay of 2006 in 2021 (and I feel very old saying that).
View attachment 141184
And the 71st anniversary of the announcement of the first transistor was this weekend.
hexus.net
You guys are comparing Apples to Oranges and coming up with a Bannana.
In 2006 AMD was like Intel. It not only did its own chip design, it had its own Fabs. Even after GloFlo split off, AMD was locked into using their process nodes. A big part of the reason AMD faltered was due to falling behind in fab process technology. No more.
AMD focus' almost entirely on chip design now. TSMC, Samsung, and GloFlo have to worry about the process tech not AMD. These companies are not flyweights. Samsung overall has 3x Intel's revenue (~$210B). TSMC, more than half of Intel's revenue (> 35B). TSMC is far more focused on a particular service than Intel , Samsung much less so. Other much larger companies have vested interest in the success of partners like TSMC (see Apple).
You have mobile / ARM SoCs which continue to pour money and resources into these fabs. They are not in the slightest dependent on AMD, Nvidia, or any other single customer.
This is an entirely different landscape and Intel hasn't shown any capability for quite some time, not only failing in execution (process fab) but in strategy. Core was a derivative of the Pentium-M, which was downplayed vs NetBurst until it became obvious that NetBurst was a failure. Then they sort of dug up Pentium-M and reworked it into Core. It wasn't strategy, they just bumbled into something good that saved their tails.
Highly unlikely that'll happen again.