That is what they were buying
IBM has flogged its fabrication plants to GlobalFoundries and what the outfit might be getting is the fruits of its 7nm processing research.
Promised you a miracle
TSMC is telling the world that it is optimistic about its abilities to make chips using super thin process technologies.
Moore’s Law alive and kicking
TSMC is planning to qualify its 10nm node by the end of the year, with volume production slated for 2017.
For now, not sure after 7nm
Intel expects Moore’s Law will be around for a few more years, but after the semi industry hits 7nm, things could get a little complicated.
Bending Moore’s Law might be problematic
IDF 2013: 7nm in 2017
5nm process nearly sorted
IDF 2012: Intel senior fellow