At a much smaller scale, I have had contracts with various vendors to provide “stuff” associated with services they provide to us.
In one case, they had a facility dedicated to my company’s needs, with tooling maintained by my company. The contractor has an SLA to achieve different levels of operational readiness.
What Apple is doing is no different, except they are buying 8-9 figure tools or loaning lots of cash at favorable terms.
I certainly wouldn’t shed many years for Qualcomm, which has an actual monopoly on modems. Their lack of strategic competence isn’t Apple’s sin.
I'm not sure that's true these days, but, even if it is true, plenty of other companies could _raise_ it easily enough. It might make less sense for other companies, though. Like, realistically, if AMD is beating Intel already (and, for the moment, they largely are; Alder Lake is niche for now), what does being a little earlier with 3nm buy them? Is it worth the money? Perhaps not.
It's even less clear that it would be worth it for Qualcomm. For them, it's hard to see that there'd be any return; they have a captive audience already.
How many companies can easily raise $200 billion?
https://www.cnbc.com/2021/01/27/apple-q1-cash-hoard-heres-ho...
This extraordinary claim that it's easy to raise 200BN is backed up by no argument or evidence?
The claim that it's more worthwhile for Apple than it is for a CPU company to have CPU production exclusivity is backed up by no argument, logic or evidence?
What can be asserted without evidence can be dismissed without evidence.
Although most would argue that lower end architectures are perfectly fine replacements, so Apple gets an edge here but can't be said to be a monopoly.
I don't have the nessesary background to know which one is applicable, but I think monopoly is not the right one.