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Right. If AMD and Intel both got out of the fab business, on account of it being low margin, then TSMC would promptly yoink their collective margin, because if
by jjoonathan 5y ago
Right. If AMD and Intel both got out of the fab business, on account of it being low margin, then TSMC would promptly yoink their collective margin, because if you choose the king you get to charge for the privilege. Fortunately Intel decided to compete instead.
See also: AMD and NVidia, and whichever other pairs rely on leading-edge nodes.