I'm guessing most of the value will be taken by TSMC. They don't care who wins :-) This move is about Intel Foundry Services (IFS) trying to get some of that

I'm guessing most of the value will be taken by TSMC. They don't care who wins :-) This move is about Intel Foundry Services (IFS) trying to get some of that action. IFS is now operated separately from the x86 part of the company.