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.

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This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.