I disagree. Nvidia designs chips and has demonstrated it can move between manufacturers (TSMC to Samsung). TSMC does not have know-how to design nvidia level of

I disagree. Nvidia designs chips and has demonstrated it can move between manufacturers (TSMC to Samsung). TSMC does not have know-how to design nvidia level of chips or develop supporting infrastructure (software and sales) because a) they have demonstrated they don't have any b) other players which do have capacity like AMD and Intel have also demonstrated they don't have any. Nvidia can move its vertical, TSMC not really. If you would've mentioned Apple for example, then maybe.. since that know-how is licensable to an extent (Arm).