> Crazy idea: buy the rights to sell AMD's Vega GPUs fabbed out of Intel 1) I don't think Intel has a lot of spare fab capacity. Certainly not on the nodes AMD

> Crazy idea: buy the rights to sell AMD's Vega GPUs fabbed out of Intel 1) I don't think Intel has a lot of spare fab capacity. Certainly not on the nodes AMD is looking to produce Vega on. 2) Intel only just announced a deal to start manufacturing ARM chips on their fabs. [0] Honestly I can't believe it took Intel so long to wake up and realize that their x86 business is okay, but if they want to survive long term they have to accept that they need another business segment to bring in money after x86 stops being as relevant as it is today. Just look at TSMC [1] if you want an example of why Intel is foolish to think they can keep being top dog with only x86. TSMC was nobody in the 90's, and now their market cap is within ~10% of Intel's [2] (TSMC @ 160B versus Intel @ 175B). TSMC doesn't even design their own chips. I'm not saying building semiconductors is easy, or that TSMC has no R&D costs, but you're talking about a company which specializes only in manufacturing some of the most advanced chips on the planet, and doing it at volumes I doubt Intel can match. I predict unless Intel does something major in the near future (<24 months), TSMC will surpass Intel's market cap. The former CEO of Intel Paul Otellini captured it best himself: "It wasn't one of these things you can make up on volume. And in hindsight, the forecasted cost was wrong and the volume was 100x what anyone thought." [3] Intel still thinks they can kill it by selling expensive CPUs. TSMC is proving that thinking is outdated. You don't have to have a 60%+ margin on your chips, you just have to make it up in volume. Where do you think the next billion chips are going to be sold? It's not going to be $500 x86 CPUs. It's going to be <$5 ARM chips in embedded devices, and that's exactly the market segment TSMC is appealing to. [0] http://www.theverge.com/2016/8/16/12507568/intel-arm-mobile-chips-licensing-deal-idf-2016 http://www.theverge.com/2016/8/16/12507568/intel-arm-mobile-... [1] http://www.google.com/finance?q=NYSE%3ATSM http://www.google.com/finance?q=NYSE%3ATSM [2] http://www.google.com/finance?q=NASDAQ%3AINTC http://www.google.com/finance?q=NASDAQ%3AINTC [3] http://www.theinquirer.net/inquirer/news/2268985/outgoing-intel-ceo-paul-otellini-says-he-turned-down-apples-iphone-business http://www.theinquirer.net/inquirer/news/2268985/outgoing-in...