I would go even further. I was wondering why most chip companies are so good at being mediocre. Like TI OMAP dropping out of smartphones and so on. But I think

I would go even further. I was wondering why most chip companies are so good at being mediocre. Like TI OMAP dropping out of smartphones and so on. But I think it's worthwhile to invert the question. It is quite extraordinary in the silicon space for there to be 1 clear winner like Nvidia or Qualcomm (or Intel not so long ago). So much so, that we can assume they got there by anti-competitive means and rent-seeking measures.