No, Intel tried a novel architecture (different from TSMC) and it was found to be unviable. They basically wasted a few years going down the wrong path. They have incredible engineers and will catch up. We’re at a point where the technology is limited by the machines they buy, which Intel and TSMC have the same vendors. They are behind because they went down a fruitless path, but they switched course and are now playing catch-up
No, it’s going to require extreme salaries, because there are so many options for the qualified people in the Phoenix area. TSMC’s reputation precedes them and people would rather work at Intel or NXP or ONsemi or anywhere else for less money, than to work for them