It takes two years under normal circumstances; from what I understand backlogs for the lithography equipment are a huge bottleneck in the industry since there a

It takes two years under normal circumstances; from what I understand backlogs for the lithography equipment are a huge bottleneck in the industry since there are only a few companies that make such specialized machines. They were already backordered for years pre-pandemic, with most of those getting pushed out because of supply constraint issues. We’re never going to return to the level of industrial output pre-Covid. There are a dozen high-likelihood scenarios down the pipe in the 2020s (Russia, China/Taiwan, climate drought / famine, etc) that will continue holding global productivity down. We’re looking at global stagflation for most of the rest of our lives as a result, meaning crypto is a good hedge. NVidia just needs to start pricing its top-tier GPUs for crypto farms, then refurbishing the last generation for consumers when the crypto farms upgrade.