I graduated from the top university (one of the 3 tied for #1 according to US News) for Electrical Engineering. Every single one of my classmates who graduated almost 20 years ago has left the hardware industry to go into software because of the massive pay disparity between HW and SW. Intel doesn't even try to recruit at the top schools anymore because all of the new grads have much better options. Intel's founding executive leadership used to have PhDs from those top schools. Look at the background of the executive leadership now outside of Pat G's MS at Stanford. The difference is that TSMC gets the cream of the crop from the top Taiwan (Not China) universities. Intel's leadership has been dominated by ASU, SJSU, and Portland State grads for a long time. I had a friend with a Physics PhD who was working on the ill-fated Intel 10nm process in Oregon 8+ years ago. He worked long hours, had to be on-call all the time, and was getting paid about 50% of a Google software engineer who only had a Bachelor's and 2 years of work experience. On top of that, he had to deal with incompetent management because Intel allowed all those mediocre engineers to rise to the top. Guess what he did? He studied to become a software engineer, passed the interviews at Google and is now making more than 2x what he made at Intel with fewer hours worked. Intel cannot attract and retain valuable engineering talent. Jim Keller hightailed it out of Intel after less than 2 years there. Smart guy.

I graduated from the top university (one of the 3 tied for #1 according to US News) for Electrical Engineering. Every single one of my classmates who graduated almost 20 years ago has left the hardware industry to go into software because of the massive pay disparity between HW and SW. Intel doesn't even try to recruit at the top schools anymore because all of the new grads have much better options. Intel's founding executive leadership used to have PhDs from those top schools. Look at the background of the executive leadership now outside of Pat G's MS at Stanford. The difference is that TSMC gets the cream of the crop from the top Taiwan (Not China) universities. Intel's leadership has been dominated by ASU, SJSU, and Portland State grads for a long time. I had a friend with a Physics PhD who was working on the ill-fated Intel 10nm process in Oregon 8+ years ago. He worked long hours, had to be on-call all the time, and was getting paid about 50% of a Google software engineer who only had a Bachelor's and 2 years of work experience. On top of that, he had to deal with incompetent management because Intel allowed all those mediocre engineers to rise to the top. Guess what he did? He studied to become a software engineer, passed the interviews at Google and is now making more than 2x what he made at Intel with fewer hours worked. Intel cannot attract and retain valuable engineering talent. Jim Keller hightailed it out of Intel after less than 2 years there. Smart guy.

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