While a bolder TSMC was more aggressive during the 90s, today there's an increased risk and diminished demand for the smaller designs. Thus the new 40nm process comes from a fine-tuned version of the 45nm design they unveiled last year, and brings them a step closer to the 32nm target expected sometime in late 2009. In the meantime, the company says they will be 40nm-production ready by the second quarter of this year.
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