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The 2nm Race: Intel's 18A Faces Uphill Task Against TSMC

1. Intel invests over $90 billion to compete in foundry market. 2. The 18A process shows lower yields compared to competitors like TSMC. 3. TSMC leads with its 2nm technology, posing competitive challenges for Intel. 4. Intel's stock has seen high volatility and significant declines since 2024. 5. Intel's performance metrics are weaker than the S&P 500 and HQ Portfolio.

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FAQ

Why Bearish?

Intel is struggling in the foundry space, with significant losses and yield issues, similar to the 2019-2020 downturn.

How important is it?

The article highlights critical challenges and strategic shifts that can significantly influence investor sentiment and stock performance.

Why Long Term?

The foundry's competitive landscape will affect Intel's performance for years, akin to AMD's recovery post-2016.

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