Under the stewardship of current CEO Chen Liwu, Intel has managed to achieve a temporary state of stability. However, its foundry business continues to grapple with substantial hurdles. David Yoffie, a past member of Intel's board of directors, has highlighted that Intel's dual - faceted nature, acting as both a formidable competitor in chip design and a potential foundry partner, lies at the heart of the challenge in securing orders from major clients.

For industry behemoths such as Nvidia, AMD, or Qualcomm, the prospect of entrusting the production of their core products to a direct rival is fraught with considerable risks. TSMC, with its clear - cut identity as a 'pure foundry' provider, effectively dispels any customer concerns. In contrast, unless Intel completely severs the ties between its foundry business and its product division, these major clients are bound to harbor apprehensions about potential indirect 'technology transfer' when placing orders. At present, Intel's foundry business is making strides towards establishing itself as an independent legal entity and has already put in place an independent advisory board.