Trending Assets
Top investors this month
Trending Assets
Top investors this month
A glance at the semiconductor industry
I felt like sharing some semiconductor-related content now that semis "are back" (they never left!) after $NVDA's great earnings (disc. no position)
First, a simple visual that explains the industry's structure. People who already know the industry might find this basic, but I struggled to find something similar when doing my research:
I then decided to do a somewhat more complex visual with some more info on the industry. I tried to condense it one page but found it impossible, so I did a three-pager
Part 1: Types of chips and how they are made:
Part 2: The manufacturing process, Moore's Law, and a bit of history
Part 3: The industry today and geopolitical tensions
Semis is undoubtedly a cyclical industry, but this doesn't mean that it does not have secular growth ahead of it.
This graph made by $TXN is a great example of this cyclical-secular dynamic. Over the short to medium term there are ups and downs, but the LT trend is up
A cyclical-secular industry with great companies should be an investor's dream as it gives opportunities for those that are LT oriented and can see through the noise
Awesome visuals as always Leandro, especially the one one which relates to the manufacturing process.
Thanks for sharing, man. Curious would you ever consider owning $NVDA?
@rihardjarc tough for me to own, as well as AMD or Intel/TSMC. I am a generalist so I try to protect myself from those companies in the industry that are subject to rapid technological change and prefer to stick to those where the moat goes beyond tech. I must say that Nvidia's CUDA might fit this bill, so might have to look at it closer
Timely reminder. Great visual of the industry's structure :)
Already have an account?