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20 years for a hardware startup to get really going isn't unusual. One of the other reasons VC likes SAAS. Hardware startups are cash intensive and slow boils, typically.

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They weren't a startup for 20 years, they were a huge company with billion dollar fabs, thousands of workers, and they were exchanging technology lead with other silicon manufacturing companies many times (back before 2020s, mid/late 2010s, TSMC was not undisputed leader).

UMC was a Taiwan foundry that started even before TSMC and it eventually folded.

>UMC was a Taiwan foundry that started even before TSMC and it eventually folded.

What are you even talking about...

Same thing as everybody else in this thread, leading edge logic market.

Wasn't AMD or even Intel the same sort of "startups"?

Also what's so special about TSMC?

I mean they were doing quite well in the 90s and early 2000s before falling back behind Intel before they caught up and surpassed it this time.

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