The picture above is a comparison of the "big" discrete inductors and the wafer level micro-inductors they sit on.
The announcement is about the capability to incorporate magnetic alloy with wafer processing to make such MEMS inductors possible.
Well, yes, but the passive being put on chip here is ferrite core inductors, which is a big deal, as it allows very large inductors needed for reasonably low frequency switching power supplies to be integrated.
The Other Tesla David Blaza5 comments I find myself going to Kickstarter and Indiegogo on a regular basis these days because they have become real innovation marketplaces. As far as I'm concerned, this is where a lot of cool ...