A chip generally needs a three-to-five-year amortization period to make financial sense.

“you know three to five months even in a kind of super hot lot scenario and so these are the kind of innate latencies i guess in the industry and then when you get that chip back i think it is vital to look at the uh the way that these chips actually become financializable which is that they do have a kind of payoff period you have to have really a kind of three to five year amortization window for that chip to make it a sensible financial decision”