Semiconductor Companies on the Leading Edge

Summary : Consolidation in the Semiconductor Industry is strange because of the way the industry has been bifurcated between IDM and Fabless, Logic and Memory. The IDM base has been shrinking for years in the logic space and even the memory space. It is true that there are lots of linear/MEMS fabs out there, but they are not at the leading edge and hence are not relevant at the leading edge.

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