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Tsmcs r&d spend has been equivalent to Intel's for the last decade. TSMC did a great job, most particularly on EUV introduction.

I don't think wall street cares about outsourcing, except as a potential savings. The hollowing out is real, but it is fixable.

It will take a really different approach, though.



Actually trying to fulfill an order might not be bucketed under ā€˜r&d’ spend for finance/business. Every order is an experiment for yield improvement.


Huh, barelly who knows that TSMC buys all the equipment in Europe, in Netherlands, EUV is not an effect of TSMC R&D




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