3min chapter

Acquired cover image

TSMC

Acquired

CHAPTER

Venture Capital Financing Isn't in Conflict With Moores Law

T s m c is the most perfect example of this. It's being able to pile investment into fixed cost as much as possible at huge scale, in order to realize the benefits of making as many of the thing as humanly possible at global scale. But i would back that down, because it doesn't have the sort of mote defens ibility characteristics that plough your copex into manufacturing capability does. Yes, swe do power now. Let's do it. I'm actually not sure it played out that way. They have more. Do you know what intes gross margins are? I actually don't know. I would suspect theyre hire, but i don't know

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