TSMC founded as a pure-play foundry (1987)
Morris Chang founded Taiwan Semiconductor Manufacturing Company to make chips designed by others, rather than sell its own. The dedicated-foundry model let a mid-size economy enter advanced chipmaking.
TSMC gave fabless design firms a place to build, seeding a new layer of the chip industry.
It became the world's largest contract chipmaker and made Taiwan central to global electronics.
QpiAI is betting the same logic works for quantum: own the fabrication line and you can supply chips to a field that mostly lacks factories.
