That would just reinforce the stock price death spiral that is being artificially propped up by the high dividend. What I'm really wondering about is how Intel

That would just reinforce the stock price death spiral that is being artificially propped up by the high dividend. What I'm really wondering about is how Intel can afford to build all the factories that government subsidies are being given out around the world. Getting a subsidy on construction and even operating costs can't defray the cost of operating those factories if there are no orders for the product coming out of them. Building a foundry up to the scale of TSMC takes decades, and Intel is not a trusted foundry partner. Just look at what happened with prior Intel foundry attempts with customers like Achronix.