TSMC is rumored to have killed its 32nm node

As we pointed out earlier in the week, some of the 32nm processes at TSMC are delayed and somewhat underperforming. Given how well 40nm has shaped up, or not, the earlier news is likely only the tip of the iceberg. As far as we can tell, this will be the first time TSMC has canceled a node entirely.

Three scenarios come to mind as to why this happened, a good, a bad, and a sarcastic set of possibilities.