Regarding your point about Meteor Lake hot lots and expense, they said that they accelerated Intel 3 move to Ireland. But Meteor Lake is on TSMC. And Dave said that the main increased expense was Intel 3 move to Ireland. So how do we square this? Or are you trying to say that these are hot lots for the Server CPUs (which are on Intel 3). Or are you saying they are running Meteor Lake hot lots at TSMC? How much does TSMC even allow hot lots to the detriment of other customers?
Okay NVM I totally forgot that the Meteor Lake compute tile is on Intel 4 (got confused with Lunar Lake which is fully TSMC). So everything does makes sense and there's further confirmation of your hot lots theory from Patrick Moorehead -
Yea they have the capacity so instead of just writing it off they are hot lotting. Intel Products gross margin is not modeled correctly IMO. More shoes to drop in coming quarters.
Regarding your point about Meteor Lake hot lots and expense, they said that they accelerated Intel 3 move to Ireland. But Meteor Lake is on TSMC. And Dave said that the main increased expense was Intel 3 move to Ireland. So how do we square this? Or are you trying to say that these are hot lots for the Server CPUs (which are on Intel 3). Or are you saying they are running Meteor Lake hot lots at TSMC? How much does TSMC even allow hot lots to the detriment of other customers?
Okay NVM I totally forgot that the Meteor Lake compute tile is on Intel 4 (got confused with Lunar Lake which is fully TSMC). So everything does makes sense and there's further confirmation of your hot lots theory from Patrick Moorehead -
https://twitter.com/PatrickMoorhead/status/1819102693064835247
Yea they have the capacity so instead of just writing it off they are hot lotting. Intel Products gross margin is not modeled correctly IMO. More shoes to drop in coming quarters.