> don't invest in schemes you don't understand and don't have transparency into.

If you want to be pedantic, heeding this lesson is what got Intel into this mess in the first place. If Intel bought EULV fabs from ASML a decade ago, they theoretically could be competitive with TSMC. Intel didn't invest, citing how poorly-understood and opaque EULV was and assuming they could beat it with another process. That miracle process never materialized, and now Intel has learned that without risk you get no reward.

Intel's decision wasn't even irrational, either. EULV is poorly-understood, and competing with it would have avoided the TSMC/ASML integrated monopoly that effectively manifests today.