semiconductors, TSMC, Intel, AI hardware, chip manufacturing, foundry, Moore's Law, angstrom nodes, 18A, A14, Terafab, CHIPS Act, geopolitics, investment thesis, HPC

12 May 2026 semiconductors, TSMC, Intel, AI hardware, chip manufacturing, foundry, Moore's Law, angstrom nodes, 18A, A14, Terafab, CHIPS Act, geopolitics, investment thesis, HPC

The Angstrom War

TSMC and Intel are pursuing opposite strategies to navigate the end of classical transistor scaling. TSMC is betting on system-level integration, packaging, and manufacturing reliability. Intel is betting on aggressive technology firsts.