Comment
Comment by nradov
Politics are a factor but economics is a bigger one. With any technology, each successive generation inevitably requires larger and larger capital investments. Ideally governments should do more to preserve competition but when it costs >$10B to develop a new microchip manufacturing process that inherently limits how many players the market can support. And if one company bets on the wrong technology or gets the timing wrong that can leave them too financially weak to survive.