Arthur Hanson
Well-known member
No matter how Intel changes its corporate structure, there is still an inherent conflict of interest unless the split into two separate companies or divisions with a wall between them. I have rarely seen a structure like this succeed, but it has happened, but rarely. TSM has mastered their model and nurtured it since inception with the ability to service differing customers without conflict. This is a skill set TSM has mastered for decades not years. Already by counting internal business as part of their foundry business they have broken down a wall that needs to be maintained if they are going to succeed. They have built in to their model this flaw from the beginning. It is not too late to correct it. I hope they take appropriate action and soon. Any thoughts, comments or additions sought and appreciated. As a full time investor, I see this model having flaws from the start, but it's early in the game and not too late to correct.