The thing is that it’s not leading edge chips that are the most important for most consumer goods like cars and random other products. It’s the trailing edge c

The thing is that it’s not leading edge chips that are the most important for most consumer goods like cars and random other products. It’s the trailing edge chips that companies like TSMC is manufacturing on fully depreciated equipment. While it makes no sense financially for a new company to buy equipment to build trailing edge chips, it’s perfectly logical for TSMC just to keep old fans running