Based on David IFS will have 20 billion revenue next year and operate as a separate stand alone business.
Compare TMG with 20billion revenue and what HC compared to TSMC, same ballpark HC but almost 4x revenue and.
Tell me how does TMG offer competitive technology, scale, efficiency, customer service with roughly same amount of people and 1/4 the revenue and make money? Do they sell their advanced mode at x4 wafer price ? Who’d sign up for that kind of price ?