re: Thats a very interesting perspective
You hold stocks in both, eh? Now I get it. Kinda like making donations to both political parties; or maybe it's like a hedge fund.
Tom raised a good point about the size of capital investment required in the chip industry. I read an editorial in the SJ Mercury-News recently by a chip CEO, arguing that the semiconductor business needs more consolidation, that there are too many semi companies as it is. The reason is the need to be able to raise billions to build just one fab plant. It's not quite the "natural monopoly" argument, but it is a pretty reasonable argument for economic necessity as justification for weak competition.