[mensetmanusman]

Not likely,

What’s tricky to understand is that once TSMC said, ‘we will build everything and design nothing’, everyone looked to them when there wasn’t another competitor willing to do the same.

The massive order volume they received (with low margin) let them experiment on process development 10x that of Intel.

Remember when Wall St. said America can outsource manufacturing because ‘other people’ aren’t smart enough to innovate? Looks like they were wrong :)

The American middle class is going to be further decimated over the next decade. Wups

[brennanpeterson]

Tsmcs r&d spend has been equivalent to Intel's for the last decade. TSMC did a great job, most particularly on EUV introduction.

I don't think wall street cares about outsourcing, except as a potential savings. The hollowing out is real, but it is fixable.

It will take a really different approach, though.

[mensetmanusman]

Actually trying to fulfill an order might not be bucketed under ‘r&d’ spend for finance/business. Every order is an experiment for yield improvement.

[danielEM]

Huh, barelly who knows that TSMC buys all the equipment in Europe, in Netherlands, EUV is not an effect of TSMC R&D