All You Need To Know About Semiconductors
The most important industry in the world?
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Summary
The semiconductor industry is complex and there are few places where one can find an introductory article. This article aims to fill this gap.
Semiconductors are critical for technological development and, thus, our future.
The industry has evolved over the last two decades to become more efficient and collaborative, facilitating compliance with Moore’s law.
We go from the basics to the industry’s structure.
Introduction
The goal of this article is to provide an introduction to the semiconductor industry, explaining the most important bits of it in a digestible way. Our goal is to fill a gap we found when we started our research on the industry. Back then, we found that the introductory material was scattered across the web, making it pretty difficult to get up to speed fast. After reading this article you should have a pretty good idea of the basics of the industry in case you want to investigate further.
We are invested in the industry through two companies, one of which is ASML (ASML). For this reason, you’ll find that some parts of the article make reference to the company’s position in the industry.
Note too that there are significant differences between analog and digital chips. While we feel that analog is a great place to invest due to its resiliency and lower risk of technological disruption, this article will focus on digital chips.
Without further ado, let's start with the basics.