Hardware

Source Bloomberg article

Missing intro text from Archived link:

Apple Inc. is exploring a push into smart glasses with an internal study of products currently on the market, setting the stage for the company to follow Meta Platforms Inc. into an increasingly popular category.

The initiative, code-named Atlas, got underway last week and involves gathering feedback from Apple employees on smart glasses, according to people with knowledge of the matter. Additional focus groups are planned for the near future, said the people, who asked not to be identified because the work is secret. The studies are being led by Apple’s Product Systems Quality team, part of the hardware engineering division.

Not great for either party, but imo a particularly bad look for Intel. If they actually end up missing out on those subsidies (and imo it looks that way), then to me that puts a very big questionmark behind their whole fab business.

Even if Germany doesn't offer the ideal conditions, getting 1/3 of a fab for free looks like a good deal to me. Advanced nodes are getting more and more capital intensive.

TSMC has a huge customer base (particularly Apple) to fund R&D. And the more capacity you have (assuming you can untilize it) the more you can spread out those investment costs.

Intel so far has to shoulder those costs all by themselves. I know they are opening up to outside customers, but those still have to be aquired first and also convinced that there is no conflict of interest. So willingly leaving such a huge chunk on money on the wayside in their situation looks like a bad move. Unless ofc they simply can't afford the rest, but that would be even worse.