Oct 19, 2021
If you’ve read the news recently, you know that China is unwinding.
On top of the worsening Evergrande situation, President Xi Jinping has been cracking down on Chinese tech companies utilized by the U.S., which would be bad news for companies reliant on Chinese and Taiwanese semiconductors.
As I mentioned yesterday, semiconductor demand is rising and it won’t stop any time soon. The resulting shortage has created massive backorders for all tech from PCs to washing machines – and many investment opportunities for us.
Oct 18, 2021
Semiconductors… A piece of tech people hardly knew or cared about before there suddenly weren’t enough to go around. The consequences of this short have rippled through the tech industry, from smart phones to LEDs lightbulbs, but none were hit harder than computer manufacturers.
The persistence of the work from home movement has increased demand for PCs and desktops, resulting in a flood of orders placed with hardware makers already struggling to keep up. As backlogs grow, vendors aren’t expecting to catch up until mid-2022 at the earliest.
And even then, demand for PCs and the semiconductors that make them possible could continue to grow until the end of this decade. If that comes to pass, the semiconductor industry could double, reaching a revenue between $500 billion to $1 trillion.