Earlier quoted context omitted.
What a gross trivialization of the chip design process. If all a company had to do was get first in line for TSMC's process, Intel would drop all their fabs and just pay that money to TSMC to beat AMD.
"Intel is engaged with TSMC on N3 for its next-generation graphic processors (GPUs) in 2023". https://www.eetimes.com/intel-will-rely-on-tsmc-for-its-rebo...
For TSMC, it would be an error to start large-scale production of chips for someone that still has their own manufacturing capability. TSMC would have to allocate less fab capacity to their existing customers, and those won't like that.