The problem with semi is that they will move to a machine that costs 2 billion a pop within 2 years. The output of this 2 billion dollar machine will be greate

The problem with semi is that they will move to a machine that costs 2 billion a pop within 2 years. The output of this 2 billion dollar machine will be greater than the cost increase. Semi is heading to a winner take all market based on capital expenditure. Even TSMC can’t afford to in house the work ASML does and keep pace with new developments.