Intel Corp (INTC)

[chipguy]

There is something keeping Intel from winning these contracts and I don't think it was a question of price since I'm sure Intel would have loved this business.

Apple squeezes its suppliers like few others. For Intel selling x86
chips to Apple is ok because for each processor Intel sells to Apple
it sells 9 or 10 to someone else. That is a relatively power balanced
relationship. But competing with TSMC and Samsung for spinning
wafers on cost sounds like a recipe to lower overall GM for relatively
little to the top line and virtually nothing to the bottom line.

I have little doubt that Apple and Intel talk from time to time about
foundry services but I think the gulf between the two in both pricing
and terms and conditions remains huge.