$AMD(AMD)$ AMD has $INTC dead nuts in the cross hairs. AMD can take all $77 billion of itnel's revenue with higher quality lower cost products. Pat Gelsinger says itnel inside is a lost cause. The best he can offer is a future manufacturing low margin auto parts. Yet not one auto company can trust intel with intellectual property because of intel's track record stealing the business of customers.
Intel has signed not one customer to fab. All intel fabs are obsolete and uncompetitive. The tools should be sold at a yard sale. That's the good news. The bad news is Pat Gelsinger plans to stay on the course he has plotted straight to bankruptcy.