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The Evolution of the Chip Industry
In the economic history of the world, these are sort of rare and revolutionary moments when this kind of an ecosystem builds out. And when it really comes together, it's revolutionary, right? That's right. I think you could look at maybe Detroit and autos as another example in American history, but there aren't that many of them. If you were a chip firm that wasn't in Silicon Valley, and there happened a couple of successful ones, the barriers to entry were much higher and the pathways to success were much narrower.