TSMC's earnings suggest that the company's leadership is not truly bought into the AI growth story.
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His own firm has gone from tens of thousands of dollars in AI spend last year to seven million this year.
Invest Like the Best with Patrick O'Shaughnessy
for innovation to work in a corporate but has to look and feel like a real startup. It needs its own budget, a clear, finite time span, specific deliverables, and tough stage gates where ideas are reviewed and must earn the right to keep going exactly as they would if a founding team was pitching for the next funding round.
James Bolt — The Business of Tech
Investors who participate in the IPO will essentially be financing Musk's unproven AI ambitions in order to get a piece of uh high performing commercial space and telecom firm.
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