EP,
While all this may be true, I'll ask the original question again about Dresden being a good decision.
Where's the evidence?
Overall shortage of fab capacity, worldwide, expecially high performance capacity, strong growth and demand in the semi industry, strong demand for flash, AMD's comeback in the microprocessor area, movement of L2 to CPU die (resulting in increasing demand for in-house capacity, less money going out to buy SRAM)
For Intel, a new fab may add 10% more capacity, but a far smaller company (AMD), it is a much tougher decision, since you are increasing your capacity 100%, and I don't know too many companies that can increase sales 100% overnight.
At the same time there was a pressure to add a new modern fab to be a credible player.
Joe |
