They're referencing the first round of IFS which launched in 2013 and never really became much of anything but had a lot of announcements and fanfare at the tim

They're referencing the first round of IFS which launched in 2013 and never really became much of anything but had a lot of announcements and fanfare at the time. Their foundry would have been the most advanced available foundry processes at the time had it launched as planned. From Feb 2013: https://www.reuters.com/article/us-altera-intel-manufacturing/intel-takes-big-step-in-chip-foundry-business-idUSBRE91O16G20130226 https://www.reuters.com/article/us-altera-intel-manufacturin...