zlacker

The new fabs were funded by PE.

>>selimt+(OP)
PE is not VC. VC is targeted at early-stage companies, which Intel is not.

>>colin_+t1
Replace VC with shareholders - the point is the same. Someone wants more money out than in. That same someone doesn’t have long-term incentive to care about our future, or even the customer

To achieve that, business owners do as I mentioned and more. Not out of maliciousness or spite, but out of necessity

>>colin_+t1
Depending on the PE firm, it could make the worst VC look like an angel

>>selimt+(OP)
Not really. Intel made an agreement with a PE firm while well into building the fabs. In terms of the overall capital spent, most of it is Intel's.