I am sure Stacy and I would agree, rather than disagree. What he actually said (or implied) was: the density improvements would offset the increased costs and maintain the gross margin level... assuming a whole bunch of other stuff.
You should note that if you look at the actual graphs for 2014 you see the following: gross margin slightly up factory utilization slightly up depreciation as a % of revenue is up Average die size is down Note that 2014 is still going to be mostly 22nm, and 22nm in 2014 is going to be cheaper than 22nm in 2013. Alan
Market Data 
Markets 
AI
