The Semiconductor Geopolitics
Semiconductors have become the most strategic technology of the 21st century. Taiwan produces over 90 percent of the worlds most advanced chips. The US CHIPS Act committed 52 billion dollars to domestic chip manufacturing. The EU passed its own Chips Act with 43 billion euros. South Korea and Japan are investing tens of billions. China is racing to develop self-sufficiency despite US export controls on advanced equipment. Chip supply chains are being reshaped by geopolitics more than economics.