The global semiconductor value chain

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cles to energy grids and airplanes relies on access to DRAM chips. However, the DRAM market has consolidated significantly over the past 15 years. In 2005, the DRAM market had a volume of $25 billion, and the eight largest DRAM vendors had a combined market share of 97%. 12 In 2019, the DRAM market had a volume of $62.5 billion, and the

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