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There’s always been a global race to develop chip technology

Riskgaming

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Aspects of the Agri-Commodity Exchange

In semiconductors, there are a number of choke points where one firm or a handful of firms or one country controls the entire segment of part of the supply chain. It's basically impossible to build an advanced fab today that doesn't buy equipment from the five biggest equipment producers. I actually worry less about the peacetime stability of the supplyChain because it's shown that it can respond pretty rapidly to changes in demand.

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