• DiogenesLaertys@alien.topB
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    1 year ago

    There’s a reason Intel exited in the first place. Had they been successful, it would’ve been a business worth tens of billions of dollars. They exited and Apple wanted to try because the money to buy the business for Apple is chump change.

    They could even acquire TSMC if push came to shove. Their large cash holdings gives Apple so much strategic leverage.

    • red286@alien.topB
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      1 year ago

      They could even acquire TSMC if push came to shove. Their large cash holdings gives Apple so much strategic leverage.

      You realize that TSMC is way bigger than Apple, right? Apple’s entire current cash reserves would be enough to buy 1% of the company.

      • someguy50@alien.topB
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        1 year ago

        You realize that TSMC is way bigger than Apple, right?

        By market cap, Apple is significantly larger than TSMC

      • widget66@alien.topB
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        1 year ago

        At current market caps TSMC is just over 1/6th the size of Apple

        Non issue though because that would never make it past antitrust