For reference, TSMC's yearly capital investment budget is about $50B/year (https://www.taipeitimes.com/News/biz/archives/2025/03/07/2003833000 https://www.taipe

For reference, TSMC's yearly capital investment budget is about $50B/year (https://www.taipeitimes.com/News/biz/archives/2025/03/07/2003833000 https://www.taipeitimes.com/News/biz/archives/2025/03/07/200...) This business is expensive, making and running fabs is way way more expensive than most anybody thinks. There are very few companies able to do it profitably.