[pointyfence]

Intel has been backpedaling away from the idea of 18A as an node for external customers for a few quarters now as the external demand for 18A is very low. CFO has said external customer revenue isn't expected to have a material financial impact even by 2027. Intel has been pushing the narrative that 18A is primarily an internal node from the start.

I think what's more disconcerting if you are an Intel fan is that Intel likely now recognizes that 18A will not have the impact that they originally thought when the ex-CEO "bet the whole company on 18A." Rather than dump more resources into it, they are instead trying to get ahead of the problem by moving resources to 14A which in theory has broader appeal.