All the signs are pointing to the start of a secular bull in semiconductors.
Weebit superbly positioned to benefit.
Courtesy CNBC:
Chip giants are ramping up spending by the billions as semiconductor demand booms:
Despite the vast sums being invested, the semiconductor industry is still struggling to produce enough chips.
“We just can’t make enough chips to fulfil society’s gluttony for anything powered by semiconductors,” said Glenn O’Donnell, Research Director at analyst firm Forrester.
Some have speculated that there will be a “chip glut” once all the new fabs are churning out more chips, but O’Donnell disagrees.
“The human race is addicted to technology,” he said. “Demand will continue to increase, not wane. In fact, I am skeptical that all this investment is actually enough.”
https://www.cnbc.com/2022/02/04/tsmc-intel-ramp-up-spending-as-semiconductor-demand-booms.html
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