I believe you can trace the same theory to how knifes and cutting tools are sharpened. Some are sharpened to a very fine sharp point, which is great for cutting but the point dents/bends easily (on a microscopic scale). Others are sharpened to a more blunt edge, and don't cut as well but are much more resistant to damage.
Same deal with the chainsaw cutters except the differences between full and semi are mainly at the corner.
Just look at the sharp point of the full chisel (when sharp, it's smaller than the tip of a sharp pencil) and visualize how the slightest damage will flatten off the point, leaving you with a dull flat spot right where the cutter first engages the wood. On semi, there is no single vulnerable point like that. The whole rounded corner of the cutter is available to engage the wood. Ding up a couple pencil-point-sized sections there and it's not the end of the world.