Well, some parts of the industry did. Some just opted out. Every generation of lithography sees a few companies say "forget it" and step off the treadmill, ei

Well, some parts of the industry did. Some just opted out. Every generation of lithography sees a few companies say "forget it" and step off the treadmill, either moving to a fabless model (pay others to make your stuff), or consigning themselves to legacy parts only. This has resulted in a long term concentration of semi manufacturing among fewer and fewer companies. Even Global Foundries (the company) decided to hold off on EUV.