Judging by the response to the parent come back, evidently TSMC deserves the high prices it will be charging. Why?
It's unrealistic to expect just anyone to start up a new fab. But if not one person among billions will start up a new fab it points to intrinsic difficulty or unpleasantness or lack of prestige in the task. A correctively high price has all kinds of advantages for the society.
I haven't seen any argument that difficult tasks shouldn't be priced high. Only name calling.
It's unrealistic to expect just anyone to start up a new fab. But if not one person among billions will start up a new fab it points to intrinsic difficulty or unpleasantness or lack of prestige in the task. A correctively high price has all kinds of advantages for the society.
I haven't seen any argument that difficult tasks shouldn't be priced high. Only name calling.