Ben Gilbert: evaluation

Transcript context

…At the time, they didn’t have the capabilities, certainly not TSMC, and it didn’t exist in Taiwan to be able to design chips and products. It was impossible for them to compete with customers. This was all they could do. It crossed Morris’ mind for sure. Hey, we could compete with Intel, but then he scrapped that. I get the sense because the thing that they were good at was this manufacturing angle. And it’s almost like an accident of history, the pure play foundry ended up being the best way to do this. I guess best as evaluated on market cap versus other foundries and integrated device manufacturers such as Intel. Well and best that this is the path that has led them to being essentially alone operating at the leading edge. They have surpassed technology-wise, all of the other integrated and quasi-integrated chip foundries out there.…

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