Arguably, Intel has already achieved the most important part of the Intel Foundry strategy: letting the CPU designers target whatever fab is best for their need

Arguably, Intel has already achieved the most important part of the Intel Foundry strategy: letting the CPU designers target whatever fab is best for their needs. Getting most of the consumer CPU moved to TSMC for Meteor Lake a year ago and the rest of it moved to TSMC last fall is hugely important. Intel Foundry cannot count on having a big customer, and the product line isn't forced to stick exclusively with failing fabs.