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TSMC does have competitors.

Intel is already being evaluated to fab Apple's entry level chips, if they can meet performance, energy efficiency, and production targets.



Sure, but Intel has/had competitors too.


Sure, and Apple very successfully competed with Intel when it came to chip design.

With fabs, other companies can still compete, but you absolutely require a partner with deep pockets to place big orders, since the costs have grown exponentially.




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