Thoughts on software-defined silicon

1. AMD could not adjust it's wafer allocations to the shortages easily, as TSMC fab capacity has to be booked far in advance. Intel is far more flexible there.

2. More importantly, unlike Intel, AMD shares silicon between server and desktop processors. Since Server CPUs have far higher margins, this means they are going to prioritize those when push comes to shove as it did last year. In such an environment it makes little sense to launch an SKU for every price point as they usually would.