Exactly! The delta in power consumption is all you need to see to know that the arch is wrong. Also, it ignores quantum effects.
Amat was already mentioned here as making the necessary tools for all chips. But also look at Micron and SanDisk.Both have inventory sold into 2028 and beyond. The demand is future based in all AI,Memory, and military needs.
Their balance sheets are golden! Not a bubble- as this is no longer cyclical for the best of the best! But - what do I know?🧌🍻