Editor's take: Undeniably, we usually spend a lot of time talking about leading edge semiconductor manufacturing. This is a common mistake that everyone falls into when discussing semis, one which we are as guilty of as anyone. The world is rightly focused on the scarcity of companies capable of operating at the leading edge, but there is a lot more to semis.
Big quote: It's often said that there are three significant influences on global politics (and wars): oil, land, and religion. According to Intel boss Pat Gelsinger, semiconductors will join that list and become more important than the location of oil reserves for the next five decades.
Why it matters: A recent report from Trendfocus shows SSD sales continue to rise dramatically, while HDD manufacturers are noticing record-breaking declines in overall shipments. Analysts estimate that shipments declined by more than 40 percent compared to 2021.
In context: Working in the tech industry might not feel like the most secure profession right now, given the number of people being let go, but it still offers some of the best perks (and pay, usually). Microsoft, for example, is giving its US employees unlimited, fully paid time off.