Comment by muyuu

i assume the reason is that this is a very competitive market and you need hundreds of billions in investment to just start producing at a competitive quality and price, with massive uncertainty that you will be able to make that money back

i mean, you'd think if someone is willing to through 60B (or 10B for an option to buy at a 60B valuation) at Cursor, then other people would give it a shot at starting a SotA semiconductor fab, but apparently the profit expectations are not there