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Ask HN: Best books to understand semiconductor business?

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Re: Ask HN: Best books to understand semiconductor business?

#31
post #9
post #5

Asianometry https://youtube.com/playlist?list=PLKtxx9TnH76SXumAiJX3N7Y36...

+1 on Asianometry. It's more in depth than Chip War; in a much shorter amount of time.

Chip War focuses a lot on the personalities and comparatively little on the business/industry itself. It provides an entertaining read, I guess, but especially in the second half, I found myself reading on just to finish the book, rather than out of a desire/expectation to get informed.

Some representative paragraphs from the book. Some people probably like this style, but it's not for me.

> In 1985, Taiwan's powerful minister K. T. Li called Morris Chang into his office in Taipei. Nearly two decades had passed since Li had helped convince Texas Instruments to build its first semiconductor facility on the island. In the twenty years since then, Li had forged close ties with Texas Instrument's leaders, visiting Pat Haggerty and Morris Chang whenever he was in the U.S. and convincing other electronics firms to follow TI and open factories in Taiwan. In 1985, he hired Chang to lead Taiwan's chip industry. "We want to promote a semiconductor industry in Taiwan," he told Chang. "Tell me," he continued, "how much money you need."

...

> Lee Byung-Chul could make a profit selling almost anything. Born in 1910, just a year after Jack Simplot, Lee launched his business career in March 1938, a time when his native Korea was part of Japan's empire, at war with China and soon with the United States. Lee's first products were dried fish and vegetables, which he gathered from Korea and shipped to northern China to feed Japan's war machine. Korea was an impoverished backwater, with no industry or technology, but Lee was already dreaming of building a business that would be "big, strong, and eternal," he declared. He would turn Samsung into a semiconductor superpower thanks to two influential allies: America's chip industry and the South Korean state. A key part of Silicon Valley's strategy to outmaneuver the Japanese was to find cheaper sources of supply in Asia. Lee decided this was a role Samsung could easily play.

...

> Vladimir Vetrov was a KGB spy, but his life felt more like a Chekhov story than a James Bond film. His KGB work was bureaucratic, his mistress far from a supermodel, and his wife more affectionate toward her shih tzu puppies than toward him. By the end of the 1970s, Vetrov's career, and his life, had hit a dead end. He despised his desk job and was ignored by his bosses. He detested his wife, who was having an affair with one of his friends. For recreation, he escaped to his log cabin in a village north of Moscow, which was so rustic that there was no electricity. Or he'd simply stay in Moscow and get drunk.

Re: Ask HN: Best books to understand semiconductor business?

#32

Chip War (2022) by Chris Miller

+1. I have only finished around ~20% of the book - but it's been really informative covering a wide range of topics from early technical innovations, to to the companies involved like Fairchild, TI, Intel, Sony, TSMC etc (and by extension the nations involved US, Japan, Russia, Taiwan etc)

Re: Ask HN: Best books to understand semiconductor business?

#33

Investment banks produce pretty decent industry “primers” as part of their equity research business (basically it’s a service to bank clients). Someone on twitter recently shared a Dropbox folder filled with recent primers, and I see at least 2 in there about semiconductors: https://x.com/clarksquarecap/status/1703495357940822207?s=46

anyone have leads on newer versions? many of these are over 10 years old

Re: Ask HN: Best books to understand semiconductor business?

#34

Chip War (2022) by Chris Miller

-1: dude was wrong about everything, missed the role of software and computer engineering.

1. China rapidly catching up

2. Companies can produce competitive offerings with old manufacturing processes

He took a manufacturing heavy view, but actually open archs like RISC-V or ARM's china division defecting provided avenues to make competitive offerings with last generation technology.

fastest chip today runs on 4 year old silicon: https://www.eetimes.com/groq-demos-fast-llms-on-4-year-old-s...

Re: Ask HN: Best books to understand semiconductor business?

#35

Investment banks produce pretty decent industry “primers” as part of their equity research business (basically it’s a service to bank clients). Someone on twitter recently shared a Dropbox folder filled with recent primers, and I see at least 2 in there about semiconductors: https://x.com/clarksquarecap/status/1703495357940822207?s=46

anyone have leads on newer versions? many of these are over 10 years old

Try doing a google search like this:

"semiconductor" "primer" "Important Disclosures" filetype:pdf

Re: Ask HN: Best books to understand semiconductor business?

#36

Earlier quoted context omitted.

anyone have leads on newer versions? many of these are over 10 years old

Try doing a google search like this: "semiconductor" "primer" "Important Disclosures" filetype:pdf

Most of the stuff you'll find on the web is pretty old. In most industries it's not really a big issue-- waste management and industrial pump manufacturers don't change that quickly. But obviously in semis it matters more.

If you know anyone who works at a hedge fund or investment bank, you can ask them to grab some primers for you. All the big banks produce them for the major industries they cover. But they usually watermark every page of the report with the name of the client to discourage people from sharing more widely.

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