
Well, nobody thought it was going to be pretty, but Intel's Q2 earnings reports and related forecasts are even uglier than I anticipated. That's primarily because the company is so keen on having demand before investing in production that it admits it might have to ditch its next-gen 14A fabrication node if it can't get a "significant" customer.
That's according to a 10-Q (quarterly report) filing to the SEC. Intel explains: "If we are unable to secure a significant external customer and meet important customer milestones for Intel 14A, we face the prospect that it will not be economical to develop and manufacture Intel 14A and successor leading-edge nodes on a go-forward basis.