QOTD:  Quote of the Day

Today it holds over 80% of the market in specialist AI chips…Even if AI mania cools, the technology is bound to be more useful than crypto, another craze that Nvidia cashed in on. – Economist

Fabless chip makers are companies that produce semiconductors for use in various types of electronics, such as digital cameras, smartphones, and the new technologically sophisticated “smart” cars.

The term “fabless” means that the company designs and sells the hardware and semiconductor chips but does not manufacture the silicon wafers, or chips, used in its products; instead, it outsources the fabrication to a manufacturing plant or foundry. – Investopedia