[teaserteam]

1.4B is like nothing given size and span of the company.
The required investment to catch TSMC is minimum 20-40B a yr.

Anyway Intel is the only indigenous US chip maker of large soale. Micron  only makes memory. No matter what it will survive.

1.4 Billion may be nothing to Intel but the Chip Fund worth a lot.  He got played out by both sides. A technocrat who does not know how to play the game.