The following video is part of our "Motley Fool Conversations" series, in which Austin Smith, consumer goods editor and analyst, and Andrew Tonner, technology editor and analyst, discuss topics across the investing world.
In today's edition, they note that Moore's Law -- the law that states semiconductor capacity will double every 18 to 24 months -- proves true again, despite the massive size of the semiconductor industry, which continues to grow. It appears poised to hit $302 billion in 2011, breaking the $300 billion barrier for the first time. Estimates of continued growth in 2012 and '13 appear impressive.
Looking for our prediction for 2012? Check out The Motley Fool's brand new report, "The Motley Fool's Top Stock for 2012." It highlights a company that is revolutionizing commerce in Latin America. You can get instant access to the name of this company by clicking here -- it's free.
