[highwaylights]

I don’t know if their position is quite so secure as Intel’s used to be.

Production can continue to scale up, and there’s massive spending to increase US capability due to the Taiwan situation. Apple obviously still have the money to throw around but I’m sure TSMC want to tread incredibly carefully here with regards to making their products available to more customers. Being an Apple-exclusive fab is lucrative in the short term but encourages your other customers to look for supply elsewhere, which is an existential risk to your dominance.