Intel fell behind TSMC around ten years ago and the resulting malaise—still not fixed—almost put them out of business. So yes, they needed a bailout and got one.
TSMC is now a monopoly with over 500 customers. It’s more than a money problem
Intel really never had big external customers and the ones that tried also failed, like LG.
Yes, but without external customers to pay for the newer advanced fabs, Intel can no longer afford to invest in fabs.
Agreed. Their problem is both, struggles with new EUV fab and don't have the org capable of working with customers.
Not an American monopoly though.
ASML is also a monopoly that’s not American.
You must be missing something.
Typical story of the one of many products of globalism where the standard traditional definition of monopoly has been nullified by it's massive supply chain spanning countries.