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>massive shift in the chip industry

I would argue that there has been, specifically that Moore's law isn't working as it once did, so the competition is catching up. It's becoming a commodity space now that smaller process sizes are hard, and gains from that are paltry.



Another thing is that the increasing use of bytecode and managed languages make the CPUs less relevant.

For example on the mobile space, for the applications fully written in Java, .NET, Swift[1], JavaScript, how the CPU looks like doesn't matter at all.

[1] - When using LLVM bitcode as deployment target, although it is leaky.




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