TSMC full of ARM - what about Intel?

According to reports, Freescale, Qualcomm, TI and others are already placing orders with TSMC for massive shipments of chips for Smartbooks that will max out production lines at TSMC and UMC (semiconductor foundry companies).

By November, the lines should be at 100% capacity.

If Intel starts sampling and putting Atom parts into production, won't the TSMC lines already be chock-full of ARM parts from a myriad other customers? How will Intels poor little Atom part get a look in?