Opinion – Marcos de Vasconcellos: A new trillion-dollar industry is in the making

American tech giants continue to hit the national news. There’s no escaping the influence of the world’s largest market on your investments, in case you still don’t understand that.

The purchase of Twitter, by Elon Musk; the plummeting role of Netflix; and now, forecasting a drop of up to $8 billion in Apple’s revenue this quarter are mandatory topics for re-evaluating its investments.

The giant of iPhones, iPads, MacBooks and family predicts the fall due to difficulties in the supply chain. And what is the missing item in Apple factories, automakers and cell phone companies? Yes, it again: the chip.

Semiconductors, the microchips you have in your hands now, or in your pocket if you’re reading the print newspaper, have had a rough patch in the last couple of years, when major factories for the item in Asia stopped production because of lockdowns and terrible fires.

Now its production is closer to normal parameters, but demand has exploded. McKinsey, the global business consulting giant, recently published a document entitled “The semiconductor decade: A trillion-dollar industry”.

The study counts that, in 2021, this industry saw its sales grow by more than 20%, reaching about US$ 600 billion (R$ 2.95 trillion). Based on a series of macroeconomic assumptions, analysts point out that the aggregate annual growth of the industry could reach an average of 6% to 8% per year, until 2030, when it will reach the mark of US$ 1 trillion. trillions).

The idea of ​​having connectivity in everything spreads the use of chips. Today, it’s relatively simple to turn off the lights in the house and close the curtains in the bedroom just by saying “good night” to a virtual assistant. Toilets that open and close their lids by themselves, heat the seat and flush through sensors not long ago were the stuff of technology fairs. Today, they are for sale in shopping malls.

Of this total growth, 70% should come from increased demand in three industries: automotive; computing and data storage; and wireless. Through BDRs (securities traded in Brazil that replicate the movement of shares on foreign exchanges), it is relatively simple to find giants in the area on our Exchange, such as TSMC (TSMC34); Nvidia (NVDC34); ASML (ASML34); and Intel (ITLC34).

For those thinking of taking positions taking advantage of long-term growth, it is a promising sector.

In addition, the recent stampede of investors from the US tech sector has sent tech stock prices down. And I heard from managers of large Brazilian funds that their guns are already starting to be pointed there again, leaving the bets on the Brazilian market for 2023.

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