TSMC Says 'No More' To Nvidia: Why That Is Intel's Golden Ticket

Group 1 - The AI chip demand is surging, but TSMC is facing capacity constraints, which could shift the power dynamics in the AI industry [1][2] - TSMC has informed Nvidia and Broadcom that it cannot meet their desired production capacity, highlighting a reality check in an AI cycle that assumed limitless supply [2][3] - TSMC's advanced-node capacity is finite, and with multiple hyperscalers seeking priority, customers are beginning to explore alternative options when TSMC indicates insufficient capacity [3] Group 2 - Intel is re-emerging as a relevant player by offering available capacity and geographic diversification through Intel Foundry Services, which can alleviate supply chain pressures [4] - The focus is shifting from demand to allocation in the AI sector, with TSMC's capacity limits confirming the ongoing AI boom rather than weakening it [5] - If manufacturing access becomes as critical as chip design, Intel's foundry services may transition from being seen as a gamble to a viable second act in the industry [5]