➀ The author argues that Intel is not crucial to the industry's success and can be replaced; ➁ Intel faces challenges from competition and the decline of the x86 market; ➂ The author suggests splitting Intel into product and foundry entities to improve focus.

➀ Concerns over the impact of the U.S. presidential election and the ongoing chip war between China and the U.S. are likely to decrease China's semiconductor equipment spending to below USD 40 billion in 2025. ➁ The tension is expected to affect the global semiconductor supply chain. ➃ The situation highlights the importance of domestic semiconductor manufacturing capabilities.

➀ South Korea's semiconductor industry is facing increasing pressure from Taiwan's aggressive R&D efforts; ➁ The report from Business Korea suggests that South Korea's labor regulations may weaken its competitiveness in the semiconductor sector; ➂ The intensifying competition in the industry may impact the global semiconductor landscape.

➀ Texas Governor is reported to visit TSMC; ➁ Offering incentives to attract investment; ➂ TSMC is the focus of active collaboration efforts.

➀ Intel's CEO reportedly made a misstep that offended TSMC; ➁ The incident led to TSMC canceling a 40% discount; ➃ The discount cancellation is ahead of Intel's Q3 financial announcement.