My New Position: A $1.3B Semiconductor Monopoly

A monopoly-like position in high-end semiconductor processes, a fortress balance sheet, a reasonable valuation, and years of structural tailwinds ahead

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In this article, I’ll cover my new position, a near monopoly in a key high-end semiconductor manufacturing process that will gain much more importance over the next few years

The company trades at an attractive valuation and has promising management targets through the end of the decade

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