The Factory That Never Competes With Its Customers copertina

The Factory That Never Competes With Its Customers

The Factory That Never Competes With Its Customers

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 TSMC makes the most advanced technology on earth and sells no product of its own. This episode follows Morris Chang's pure-play foundry bet: a promise never to compete with customers that created the fabless chip industry, won roughly ninety percent of the world's leading-edge manufacturing, and made Apple, Nvidia and even Intel into customers. The model runs on trust, yield and scale. But the trust is now tested by pricing power, by a single island holding almost all advanced capacity, and by governments that treat chipmaking as national security.
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