> Making smartphone SoCs is a huge profitable market that would have given Intel massive volumes to support R&D etc and slowed TSMC. Not quite, and that's the

> Making smartphone SoCs is a huge profitable market that would have given Intel massive volumes to support R&D etc and slowed TSMC. Not quite, and that's the core of the "innovator" dilemma. The reason why intel passed on making SOC, is the same why nvidia decided to pass on getting into xboxss and playstations. Those market have much lower margin than server side business. AMD, and TSMC can operate in those space because they are much more efficient companies, intel is not. Intel got addicted to fat server CPU margin, grew inefficient...