The Intel Split
In short, Gelsinger and his team are configuring the company so Intel's internal manufacturing operations must earn Intel's business, in competition against every other fab-as-a-service provider in the world, including TSMC.The risk is obvious: The company's internal manufacturing operations can survive only if they figure out how to outperform competitors. The upside is that all other parts of Intel stand a good chance of surviving and thriving -- but that remains to be seen.Only one thing is certain: Gelsinger and his team have a lot of cojones.