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this post was submitted on 30 Oct 2024
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What exactly do you think these chips are used for?
Because it's often enough AI, crypto and bullshit IoT.
The vast, vast majority of chips produced are "old generation" chips used for relatively mundane purposes. The high-tech stuff you see in the news is a minority (though it's pricey enough that it doesn't look that way in company earnings reports).
Think power supplies, middle-of-the-road CPUs, ASICs for common I/O like USB and ethernet, timing devices, and wireless communication modules.
And that's mostly the "bullshit IoT" category. It's not like the demand for phones and laptops exploded in the last years, it's IoT, AI and other useless crap - regardless of the process node.
Even a non-IoT electronic device still runs on many different chips.
Cars, manufacturing, microwaves, washer\dryer, dishwasher, cellphones/tablets, anything wireless. There are more non crypto/AI products than not.
Phones, laptops, PC components, data centers, cars, planes, trains, satelites, medical laborarory equipments, factory controllers, and many more!
There are people who want AI, crypto, and IoT things. If there weren't then there'd be no money to be made in selling it.
Once the fad dies down there won't be.