The foundry space is arguably the most complex and competitive it has been in decades as foundry upstarts in the US and Japan look to challenge heavyweights Samsung and TSMC for a piece of the action. But while Intel CEO Pat Gelsinger aims to leapfrog Samsung as the number two foundry operator, Henri Richard, the newly appointed president and general manager of Japan's Rapidus Design Solutions, doesn't believe it's necessary to challenge TSMC directly to be successful given the current climate.