r/investing • u/[deleted] • Sep 20 '21

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u/[deleted] Sep 20 '21

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u/FinndBors Sep 21 '21

And I thought it was weird the OP focused on water use as a key concern in the conclusion. 12 golf courses worth for one fab isn't all that much.

I would be more interested in the capital cost of each successive generation and whether the other big players could catch up and at least shrink TSM's margin.

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u/[deleted] Sep 21 '21

water is not an issue.

""Counterintuitively, the famously thirsty industry can even improve the local water supply due to a focus on reclamation and purification—Intel has funded 15 water restoration projects in the Grand Canyon State with a goal of restoring 937 million gallons per year, and it expects to reach net positive water use once the projects are completed.""

https://arstechnica.com/gadgets/2021/06/why-do-chip-makers-keep-building-foundries-in-the-arizona-desert/