Intel Corp (INTC)

[Unkwn]

TSMC's net margin is higher than Intel's. I.e. they keep more of each revenue dollar earned.

And that tells us they are under a lower financial pressure than Intel, huh? Ever heard about accounting?

From the 2014 report:

Intel has an operating cash flow from roundabout 20 billion vs. TSMC of about 13 billion. In other words, TSMC spends almost all of its operating cash flow for CAPEX, Intel less than half of it.