[HN Gopher] Broadcom, TSMC eye possible Intel deals to split sto...
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       Broadcom, TSMC eye possible Intel deals to split storied chipmaker
        
       Author : 0xbs0d
       Score  : 78 points
       Date   : 2025-02-18 16:06 UTC (6 hours ago)
        
 (HTM) web link (www.reuters.com)
 (TXT) w3m dump (www.reuters.com)
        
       | ChrisArchitect wrote:
       | Gift link: https://www.wsj.com/tech/broadcom-tsmc-eye-possible-
       | intel-de...
        
       | nickdothutton wrote:
       | Barbarians at the Logic Gate.
        
       | m4r1k wrote:
       | Tsmc might be good for the fab business. Broadcom very very bad
       | for everything else. Broadcom historically doesn't acquire, it
       | kills.
        
         | reginald78 wrote:
         | Yes, there won't be an Intel when they're done. Previous
         | customers will be using AMD x86 or ARM after suffering being
         | screwed by Broadcom for a few years.
        
         | nsteel wrote:
         | Fab-wise, presumably they'll just gobble up the sites and
         | equipment. Maybe some of the next-gen tech is interesting. But
         | then we'll be left with less competition in the fab industry.
         | This is very unlikely to be good news for anyone other than
         | TSMC shareholders.
        
           | lotsofpulp wrote:
           | Historically, Broadcom has done even better than TSMC for its
           | shareholders.
           | 
           | 5 year annual return is 56% for Broadcom and 33% for TSMC
           | 
           | 10 year annual return is 40% to 27%
           | 
           | 15 year annual return is 41% to 26%
           | 
           | https://dqydj.com/stock-return-calculator/
        
             | nsteel wrote:
             | That might be true, no idea, but I was actually making a
             | point about the rapidly diminishingly fab competion and
             | what that's going to mean for customers (and consumers).
        
       | bornfreddy wrote:
       | God please no, we need competition. Whoever fired Pat Gelsinger
       | should be fried.
        
         | crest wrote:
         | Whoever _hired_ Pat Gelsinger should be fired ... from a
         | cannon.
        
           | amarcheschi wrote:
           | Intel started having issues before pat. Now, I sold my amd
           | shares a few years ago and stopped following the semi sector,
           | but as long as I have memory Intel was starting to show
           | cracks after a few ryzen iteration(s). I mean, they were
           | still faring well, but it was clear - at least to me - they
           | were stuck with less competitive products
        
             | AJ007 wrote:
             | They missed two epochal changes in the semiconductor
             | industry - mobile and AI/GPU. They don't have a contract
             | foundry business that could compete with TSMC. They appear
             | to be failing with the thing the originally should have
             | been capable of, their next gen chips.
             | 
             | When they missed out on mobile it appeared to be a big
             | blunder, especially when one considers the long term impact
             | of electricity usage in datacenters. When Apple released
             | the M1 chips that could run x86 faster than native, it was
             | clear what was going to happen to Intel. Intel is now done
             | -- dead, finished. This is a legacy business where the
             | owners can try to get more money than they paid for it, but
             | if they have to put up new capital (that isn't free
             | government money), they will not be getting their money
             | back.
        
               | baq wrote:
               | AMD was at a very similar spot a decade ago. It took
               | time, pain and faith, but they turned it around. Intel
               | could very well do the same, but its Lisa Su has just got
               | fired a few months before the plan started sprouting.
        
         | BeetleB wrote:
         | This is the guy who fired Pat Gelsinger:
         | 
         | > Yeary has been telling individuals close to him that he is
         | most focused on maximizing value for Intel shareholders, the
         | report added.
         | 
         | RIP Intel.
        
           | baq wrote:
           | holy shit. it really is the end, isn't it? cut the company
           | into pieces and sell to the highest bidder. three letter
           | agencies would be interested... a couple months ago.
        
       | m4rtink wrote:
       | Broadcom getting involved with VMware did wonders for all VMware
       | customers - I'm sure all current users of Intel products and
       | services are also delighted in a similar manner! ;-)
        
         | FeistySkink wrote:
         | I'm sure Intel's open source contributions will quadruple,
         | seeing how BCM is such an avant-garde.
        
           | hassleblad23 wrote:
           | Curious. What are some examples of BCM being avant-garde?
        
             | zeusk wrote:
             | He's being sarcastic
        
         | Blackthorn wrote:
         | Unfortunately, it could only be an improvement after the 13th
         | generation problems. I strongly believe that Intel owes me $150
         | after releasing a firmware update that turned my processor into
         | one that cost $150 less.
        
           | kbenson wrote:
           | You lack imagination. Broadcom brings a whole slew of
           | problems you may not have thought possible. We couldn't bet
           | them to actually give us a quote to purchase VMware licenses
           | for a new cluster (to replace the current one, as we're a
           | current customer) for the first five months of 2024. Multiple
           | month long freezes in sales while they restructured pricing,
           | multiple times.
           | 
           | Their goal isn't necessarily to run a business that's
           | profitable long term, it may be to segment it out and squeeze
           | various segments to wring the last bits of juice out of them
           | until leaving a dried husk while providing middling quality
           | to the most lucrative segments to string them along.
           | 
           | You don't want to be in the segment destined to be juiced.
        
           | bayindirh wrote:
           | Intel has "software defined, license activated" features
           | baked in the silicon now. It's a wet dream for Broadcom.
           | 
           | > You need AVX only? It's only bundled with all AVX flavors
           | and vector operations add-on pack, just for $500/socket/year*
           | (*:for processors up to 10 cores. For higher core counts and
           | SMT enabled options please reach out to your nearest Broadcom
           | sales representative).
           | 
           | ref: Intel on Demand (https://www.intel.com/content/www/us/en
           | /products/docs/ondema...)
        
         | The_Colonel wrote:
         | I think Intel is a different kind of acquisition for Broadcom
         | than VMWare.
         | 
         | VMWare had/has a strong moat which can be exploited by jacking
         | up prices. Intel doesn't have that.
        
       | ThinkBeat wrote:
       | Why would TSMC want to buy factories from Intel?
       | 
       | Intels plants are far from start of the art. Given their
       | inability to compete and catch up with TSMC
        
         | jabart wrote:
         | I'm assuming TSMC has new and old lines. A 555 chip isn't done
         | on the same line as an AMD Zen 5 chip. Permits, buildout,
         | infrastructure, suppliers, you already get a big warehouse that
         | makes chips and you can bring in your own people to optimize it
         | on day one not year 4.
        
         | kyrra wrote:
         | Lots of people still use older processor nodes. For example
         | Groq[1] uses 14nm chips for their inference chips. Older fab
         | tech is cheaper to use (less demand and higher yields). Most
         | chips made are on older processes, it's only the bleeding-edge
         | CPU/GPU chips that use bleeding-edge fab tech.
         | 
         | [1] https://groq.com/wp-
         | content/uploads/2024/08/GroqChip%E2%84%A...
        
         | hujun wrote:
         | because Trump said TSMC is stealing US chip biz, and threaten
         | 100% tariff [1]. I think this is TSMC's attempt to avoid tariff
         | 
         | [1]https://www.pcmag.com/news/trump-intel-was-great-until-
         | taiwa...
        
         | edward28 wrote:
         | Intel has a couple of euv machines that tsmc could use and they
         | could take Intel's current nodes and sell them as US made chips
         | without threatening their own top nodes.
        
       | rwmj wrote:
       | Broadcom getting involved with Intel will be excellent business
       | ... for all of Intel's competitors.
        
         | supertrope wrote:
         | They'd hike prices 10x for the whales: hyperscalers and PC
         | manufacturers and ignore the needs of anyone who does not buy
         | CPUs by the tray.
        
           | baq wrote:
           | The problem is... the whales have easily obtainable
           | alternatives, which are better to boot. VMWare game plan
           | won't work.
        
       | thedougd wrote:
       | What a nightmare. Imagine Broadcom merging with IBM. They'd have
       | the legacy IT market cornered whether virtualized x86 or
       | mainframe, customers be damned. Perhaps they already do.
       | Mainframe users often rely on CA Tech's software, which Broadcom
       | bought years ago.
        
         | baq wrote:
         | Sir there are children frequenting this site.
        
         | newsclues wrote:
         | Since reading a Gibson novel that mentioned the dystopian mega
         | tech conglomerate (DatAmerica maybe?), I've always enjoyed the
         | mental exercise of M&A to create a monster corporation.
         | 
         | Intel + Broadcom + IBM + HP + Oracle + Apple + Google
         | 
         | They'd from Chips to Cloud.
        
       | lenerdenator wrote:
       | Right now, I'm imagining AMD as Danny DeVito's character, Frank
       | Reynolds, in that episode of Always Sunny where the gang wrestles
       | for the troops. He's the Trashman, which is an awful wrestling
       | persona, but at the end of the match, everyone else is seriously
       | injured on the floor of the ring. With a bewildered look on his
       | face, he slowly raised his arms, and the crowd went wild.
       | 
       | Sometimes you just gotta stick to the core competencies and stick
       | to them well.
        
         | throwcatowayne wrote:
         | https://youtu.be/L1EFKZs3Bvk?si=dundU4QVL_U0F0z7 (NSFW
         | probably)
        
         | protimewaster wrote:
         | > Sometimes you just gotta stick to the core competencies and
         | stick to them well.
         | 
         | Part of me thinks this is what Radio Shack could've made work.
         | They almost made it to the point in time where hobbyist
         | electronics / maker culture was popular again, but by that time
         | they were just the place people used to buy cell phones from.
        
           | bsimpson wrote:
           | Radio Shack got bad. Even when they still had components,
           | it's hard to justify driving to the store to spend $30 for an
           | aux cord when Amazon will have it here tomorrow for $10.
           | 
           | Notably, the whole sector seems to have collapsed in favor of
           | online shops like Sparkfun and Adafruit. Most small cities
           | used to have a shop where you could go pick through trays of
           | random electronic components. Now, I don't even know where
           | you'd go to do that in major cosmopolitan centers that
           | certainly have the populations to support it. It's just too
           | easy to make a shopping list of components at your desk and
           | hit buy.
           | 
           | Unfortunately, I suspect there are also lots of projects that
           | are on hold while that one component you just realized you
           | needed makes its way through the mail.
        
             | tpmoney wrote:
             | If I had millions to buy the Radio Shack IP, my hail mary
             | play would have been to convert Radio Shacks to mini maker
             | spaces. Stock "jellybean" components and entry level tools,
             | and then put in work benches with various tools available
             | for learning and "one off" needs. Take a page out of
             | Walmart's playbook and hire a bunch of retired EE's and
             | developers that just want something to do, and take a page
             | out of Apple's playbook and sell a "once a week come chat
             | with an expert one on one" membership. Pair one-on-one
             | members with your retired EEs and market the hell out of it
             | to highschool kids and hobbyists.
             | 
             | The goal is to get people in the store and building
             | together. Of course no one is going to drive to the store
             | and spend $30 on an aux cable when Amazon will ship it to
             | you tomorrow. But they might just spend $20 on a pack of
             | resistors and a USB breakout board while they're already at
             | the shop using the oscilloscope to probe out a signal on
             | their in flight project and ordering from amazon means
             | stopping progress for the day.
             | 
             | I'd probably also aim to have on-prem competitions, think
             | ant-weight battle bots stuff, micro-mouse or even pinewood
             | derby stuff.
             | 
             | Heck you could probably even lure in some additional markup
             | sales on components by having a "grab-bag" bench, in which
             | you can't bring your own stuff, but you only pay for what
             | you take out. Want to build a battle bot but don't know in
             | advance what pieces you will or won't need? Build it on the
             | grab-bag bench and we'll total up your costs after the
             | fact. Sure you probably could get everything cheaper if you
             | ordered it all online, but how convenient to just have a
             | massive wall of parts already and only get the things you
             | need and not need to store the rest of the 500 resistor
             | pack you had to order to get the 20 you needed.
             | 
             | It might not have worked, the whole thing still might have
             | ended in liquidation, but it feels like it would have had a
             | better chance than batteries and cell phones.
        
       | xbmcuser wrote:
       | My hope for China reaching parity on node size or at least get
       | close to it grows each day.
        
         | nwh5jg56df wrote:
         | Why are you hopeful of that?
        
           | xbmcuser wrote:
           | price crash and the whole world getting access to the latest
           | tech
        
       | dboreham wrote:
       | Revenge of the MBAs.
        
       | andrehacker wrote:
       | Hm, bad news for Oregon. From this article:
       | https://www.oregonlive.com/silicon-forest/2024/12/intel-sput...
       | 
       | Oregon exports more than $30 billion worth of electronics
       | annually, most of which are semiconductors manufactured in
       | Intel's Hillsboro factories.
       | 
       | ----------
       | 
       | The company employs more people than any other business in the
       | state. ----------
       | 
       | The state's chip industry pays an average yearly wage of more
       | than $150,000, according to government data, well over double the
       | state average. Hefty pay from Intel is an especially big deal in
       | Oregon, which relies on personal income taxes for the bulk of
       | state revenue.
       | 
       | ---------- ...Intel might consider selling its business off in
       | pieces.
       | 
       | That could be calamitous in Oregon, turning Intel's huge local
       | campuses into satellite operations of other companies that don't
       | need the full range of corporate and technological functions that
       | have been the foundation of Intel's Hillsboro sites for decades.
       | 
       | "The people who work at Intel have to be really panicked,"
       | Hutcheson said.
       | 
       | Intel's research factories in Hillsboro support high-volume
       | production sites in Arizona, Ireland, Israel and -- soon -- in
       | Ohio. If that manufacturing network were someday to break up,
       | it's not clear what role would be left for the company's top
       | engineers and scientists in Oregon.
        
       | dang wrote:
       | Since the WSJ article seems hardwalled, we changed the URL from
       | https://www.wsj.com/tech/broadcom-tsmc-eye-possible-intel-de...
       | to a story that reports on it.
        
       | 01100011 wrote:
       | I'm not seeing what Broadcom brings to the table here. They don't
       | have chip mfg experience. Sure, they're a customer, but so what?
       | 
       | TSMC is not going to be motivated to build up a competitor who
       | weakens the economic wall around Taiwan.
       | 
       | What I could see happening based on recent events is that Trump
       | tells Taiwan they have a couple years of US security left. TSMC
       | is then forced to consider putting more effort into mfg in the
       | US(and other countries). What that would mean for the rest of the
       | elec mfg supply chain is unknown. Taiwan is quite critical beyond
       | just chip mfg.
        
       | drewg123 wrote:
       | I wonder how much this is costing Intel in terms of enterprise
       | sales? I'm guessing that headlines like this will accelerate the
       | switch to AMD and ARM. Who wants to design servers around chips
       | from a company that is not likely to exist in its present form?
       | That opens up all kinds of supply chain and support concerns.
        
       | Socialmans wrote:
       | It's not really surprising that Intel has reached this point.
       | Years of poor strategic decisions and misreading market dynamics
       | have gradually eroded their competitive advantage. With Broadcom
       | stepping in, we might see more aggressive pricing and
       | segmentation strategies, but whether that leads to a user-
       | friendly outcome in the long run is debatable. How TSMC positions
       | itself in this scenario is another interesting question.
        
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