Several panelists, including Broadcom's McGregor, argued chip startups are still getting funded, but increasingly the money and companies are coming from places such as China, India, and Israel.
US VCs aren't the only guys funding chip startups. We see a lot more funded outside the US by non-VCs. We also look at buying parts of companies, and the focus will move more away from the US.
We bought 10 companies in Israel in the past several years. China's work in creating chip companies is going up, and presents an opportunity for us as well.
It's a very vibrant time, as vibrant as any time. If you hit a home run today a single chip can generate a billion dollars in revenues. That wasn't possible in the past. The industry will change but it's not all for the worst.
Rodgers of Cypress agreed.
"If the ROI in the US is not good, we may start building infrastructure in other countries," he said. "Just as fabs moved to Taiwan and China, we may see a move of fabless companies, and that's OK," he added.
Fabless companies may follow fabs, said T.J. Rodgers.
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