I can't imagine the US government letting Intel Foundry Services fail. Not so much in the banking "too big to fail" sense but a "national security interest" sen

I can't imagine the US government letting Intel Foundry Services fail. Not so much in the banking "too big to fail" sense but a "national security interest" sense: not only are semiconductors critical to the domestic economy but having the latest nodes available for military application gives a major leg up. We see this elsewhere too; SkyWater is a kinda terrible fab (their yield for even very old processes is incredibly bad lol) but the DoD is still throwing gobs of money at them to developed their radhard process because they need some domestic, trusted vendor to turn to. IFS might not be competitive but they probably aren't going anywhere, even if they fail to deliver anywhere near on time.