Intel never in any way gave up on r&d, their main problem was failing to get their new tech working, and a couple of had bets.
The random acquisitions and board leadership didn't help intel but r&d had plenty of money poured in
The random acquisitions and board leadership didn't help intel but r&d had plenty of money poured in
OTOH, if TSMC makes a couple bad bets in a row, all their 500 clients will be in deep trouble.