Pretty much most of them. They might buy a small IP or two here and there, but for the rest everyone develops their design mostly in house. It's not 100s of millions, that's a ridiculous amount of money unless you are designing like a huge CPU or TPU or so. We design (can't give company name) quite large chips with complex analog and digital in 7nm and 5nm as a start-up and our seed funding was less than 20 million. This is kind of bare minimum funding for a semi start-up anyhow.
