> a blow to the chipmaker as it tries to regain a technology lead it lost in recent years to Taiwan Semiconductor Manufacturing Is it a blow, though? I'd expec

> a blow to the chipmaker as it tries to regain a technology lead it lost in recent years to Taiwan Semiconductor Manufacturing Is it a blow, though? I'd expect exactly a big loss if they're investing to regain market leadership. If they're investing well, the higher the loss they can take, the better long term prospects. Am I missing something?