Or is it unrealistic in what it thinks it can achieve ?
Check out my posts in this thread. I explained why it is unrealistic, and therefore scam.
I see you question the ability to create a new processor to rival or surpass the likes of intel or samsung. This seems a reasonable thing to question.
Does the entire concept of IOTA rely on this processor to function~? I mean IOTA will not be able to function on your usual windows 7 pc like other coins?