Yep. "Semantics is the study of the relationship between words and how we draw meaning from those words. People can absolutely interpret words differently and draw different meanings from them."I had to look up the word "Semantics" .........I admit it....
I say junk one way (the chip is not good value/overpriced for performance), he interprets the word differently ("its not actually junk as in poor performing or worthy of the trash bin"). Both are equally valid.