Once upon a time chip companies all specialized on designing one type of chip: Intel made CPUs; Qualcomm made modems; Nvidia made GPUs; Broadcom (pre-Avago) made networking chips. That age is all over. The future of semis will be designing ever more specific chips for ever more specific uses. This change will take many years to play out, but the transition has already begun. This is going to upend the semis industry to the same degree that consolidation over the past 20 years has.