Selection bias much?
All the chip companies except Intel are fabless, so this is just saying that everyone except Intel made $$$$$.
In other news: cloud companies ie. Amazon/Goolge/Microsoft, made bank, so chips are irrelevant
2021 was a fabulous year for the largest global fabless chip designers, thanks to ongoing global chip shortage that caused silicon prices to spike, according to a new report from TrendForce. The world's 10 biggest fabless chip designers grew their collective revenue to $127.4 billion in 2021, a 48 percent increase over the …
All the chip companies except Intel are fabless, so this is just saying that everyone except Intel made $$$$$.
I mean, yes... if you neglect Intel, and forget: TSMC, Micron, Samsung, Global Foundries, Renesas, etcetera. then sure, what you wrote is accurate.
In other news: cloud companies ie. Amazon/Goolge/Microsoft, made bank, so chips are irrelevant
Without chips, they'd be impossible.