He leaves out R&D and mask costs. That last one is very significant. The hyper reflective EUV mask mirrors are incredibly hard to make and cost hundreds of mil

He leaves out R&D and mask costs. That last one is very significant. The hyper reflective EUV mask mirrors are incredibly hard to make and cost hundreds of millions. The mask alone no doubt raises chip cost by $10 or so. Likewise, hundreds of engineers for 3-5 years can run up a couple billion dollars that must be recouped.