I'll agree EVs are scaling the business since they use very large areas (roughly proportional to peak power) and they certainly have high marginal utility due t

I'll agree EVs are scaling the business since they use very large areas (roughly proportional to peak power) and they certainly have high marginal utility due to battery cost. In particular, just 1million EVs with 300kW supplies are 300GW of power supply, while 200Million mobile chargers at 80W are only 16GW of power supply area. Still, the size of the market is only ~$1B growing to $3B over the next 5 years. It's also worth noting that GaN can also be grown on SiC wafers so there is utility even when the industry shifts to even higher performance. I didn't realize that 5G base stations were also a significant consumer of GaN. https://www.yahoo.com/now/sic-wafer-market-growth-trends-100900171.html https://www.yahoo.com/now/sic-wafer-market-growth-trends-100...