Investors have deserted Intel, piled into TSMC

• Like 10nm chipsets earlier, Intel’s 7nm designs may also face delays while AMD moved to 7nm chips this year, and Qualcomm has moved to even smaller 5nm designs

• After CEO Bob Swan said Intel is considering outsourcing, the company’s shares slumped 16%

• Taiwan Semiconductor Manufacturing Co. (TSMC) produces more than a billion chips annually

• According to analysts, with the latest push out of process technology, Intel has zero-to-no chance of surpassing TSMC at least for the next half decade, if not ever

Source: Yahoo Finance

By Vivek Jain

Analyst at Axis Bank