making a chip is not like hitting 'print'. there is an insane amount of engineering and consulting that goes on. yes, they buy the machines, but they develop th

making a chip is not like hitting 'print'. there is an insane amount of engineering and consulting that goes on. yes, they buy the machines, but they develop the process. and all the tooling around that, including quite a bit of IP. intel has tried to compete with them - they have their own ip, machines, and processes. but they are totally missing the consultancy and full package access that TSMC has, and they have failed.