[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