Comment on How did it come to be that only two companies supply all of the world's PC graphics chips?
HailSeitan@lemmy.world 3 days 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 2 days 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.