Micron Announces Historic Investment of up to $100 Billion to Build Megafab in Central New York | Micron Technologyhttps://investors.micron.com/news-releases/news-release-details/micron-announces-historic-investment-100-billion-build-megafab
Vietnam’s per‑capita story is not magic; it’s partly math. Their population growth fell from ~0.9% to ~0.6%, versus India’s ~1.6% to ~0.9% on a base of 140+ crore people.
With a much smaller, slower‑growing population (~10 crore vs India’s 140+ crore), similar headline GDP growth will naturally show up as faster GDP per capita.
Vietnam has executed well on exports and manufacturing, but any comparison that ignores the demographic denominator overstates how “underperforming” India looks on a per‑person basis.
Good one Chamath. I love the energy.
Amazing and quick roundup! Micron’s numbers are mind boggling! And a nice interesting roundup of stuff on X
Recycled news
Micron Announces Historic Investment of up to $100 Billion to Build Megafab in Central New York | Micron Technologyhttps://investors.micron.com/news-releases/news-release-details/micron-announces-historic-investment-100-billion-build-megafab
On Deedy post..
Vietnam’s per‑capita story is not magic; it’s partly math. Their population growth fell from ~0.9% to ~0.6%, versus India’s ~1.6% to ~0.9% on a base of 140+ crore people.
With a much smaller, slower‑growing population (~10 crore vs India’s 140+ crore), similar headline GDP growth will naturally show up as faster GDP per capita.
Vietnam has executed well on exports and manufacturing, but any comparison that ignores the demographic denominator overstates how “underperforming” India looks on a per‑person basis.
My best trade of 2025 was buying $MU below $70.
Thanks for sharing 👊
I wonder if Micron knows it's making a mistake by moving to NY.