But R&D is a requirement to all technology companies and is therefore irrelative and Fab construction cost are integral to the gross margin determination and Intel gross margins have consistently been above 60%.
You're saying that Intel's COGS component of GM includes R&D & fab construction/equipping costs?
I don't believe that's the case.
Net margin is a more accurate reflection of how much money, on average, Intel keeps for each unit sold. It accounts for ALL the actual costs of running Intel's business and doesn't let them hide unattractive things in "other" buckets.