No one outright lies in this industry but PR is all about selective truth telling...and of course a fair amount of embellishment by certain publications in order to give a certain voice to articles.
TSMC cancelled their 32nm process. Why should anyone need to know more? Even the shareholders usually get a warmed-over version. There are so many stories within stories that the real truth is hardly ever so simple.
I am not saying that AMD's dropping of their lower-end 32nm cards was the end-all for 32nm but rather one of the main contributing factors to TSMC's re-evaluation of their roadmap.
In the past, it has been ATI's cards that have very much been route proving products for TSMC's High Performance lines. We saw this with 40nm, 55nm, etc. The manufacturing relationship between ATI (now AMD) and TSMC allowed for a mutually beneficial roll-out procedure that ended up benefiting clients like NVIDIA as well.
So yeah, there were probably other economic factors behind TSMC's shutting down 32nm fabrication before it even started producing anything past test wafers. However, loosing high volume parts from a major client likely had a massive impact.
Regardless of what certain outlets state, an initial tape-out usually happens 9-12 months (or even more) before volume production. And yes, I can state that my conversations with AMD covered the points above and then some. Some I can discuss, most I can't.





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