Capitalism trends towards monopoly.
I guess with Intel closing their chip division, this is just the next step.
Intel isn’t closing their chip division. They own chip factories but are having trouble improving that, so they might have to use factories owned by other companies like TSMC.
They design chips and manufacture them with the factories they own today. In the past few years they’ve become less competitive against AMD, their main competitor. AMD used to own factories but sold them long ago so they use TSMC factories.
Intel has been trying to fix their issues for a while but it looks like it won’t be resolved soon so they’ll design their own chips as usual but they will manufacture with someone else. Which is bad since they spent a lot on money on the factories, in short.
That’s why AMD’s stock price has gone up recently and Intel’s has gone down
