Semi Conductors Are the New Engine of Technology

For the last forty years, a globalization has occurred where supply chain has all been focused on just in time delivery of technology. To actually build components, you have components built all around the world. If we talk about where the economy is going for the next two decades, really what we're moving for is a digital economy. And a digital economy requires semi conductors to move data. I very much view data as the new oil. So semi conductors are the new engine of that data.