Intel CEO points to TSMC's 10–20-year rise in long-term foundry outlook

Nikkei Asia reports Intel CEO Lip-Bu Tan said building a competitive contract chipmaking business will take time and need strong government support. He pointed to the 10–20 years TSMC took to become the leading foundry, without setting the same timetable for Intel. Tan said Intel's foundry could become a growth driver “if we do it right.”