Comment on How did it come to be that only two companies supply all of the world's PC graphics chips?
HailSeitan@lemmy.world 10 months ago
Matt Stoller had a nice writeup recently in his monopoly newsletter BIG about how we got into the current mess. TL;DR: basically financialization (prioritizing stock price over innovation, like at Boeing) and a lack of antitrust enforcement as a previously competitive market got monopolized (see chart below)
SmoothIsFast@lemmy.world 10 months ago
Interesting to note that most of those are not chip makers but fabless semi conductor companies who outsource all of their production to global foundries and tscm.