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Are you sure it's not "Intel sacrifices security for performance and hopes nobody notices"? On second thought, that's just a more specific case of "monumental, inexcusable dumbasses", isn't it?
L1TF and Meltdown were caused by Intel not adding a bunch of AND gates into their CPU. I guess they saved some picoseconds in a critical path somewhere by not doing that? I think it's a cultural issue (not considering side channel security AT ALL).
Probably more saved precious silicon space for something else, more aggressive/smarter prediction maybe. But now I'm just blindly speculating.
~64 AND gates are not going to save them any significant silicon space. If they *explicitly* chose not to add them for performance, they're idiots. I think it's more likely they had an implicit culture of not considering the security implications at all.
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