For TSMC there's very little risk This is because a newly competitive AMD takes up a ton of wafers. They can't make them fast enough, and in 2022 they are rele

For TSMC there's very little risk This is because a newly competitive AMD takes up a ton of wafers. They can't make them fast enough, and in 2022 they are releasing a completely new platform with DDR 5 on 5nm, and presumably new GPU line. This should again clobber Intel 10nm products. Even if there's no chip shortage, the customers of TSMC are very healthy (AMD, Apple, other phone manufacturers).