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#59 – Chris Miller on the History of Semiconductors, TSMC, and the CHIPS Act

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How Do Monopoly Firms Get Dislodged?

How do these monopolies, if at all, ever get dislodged? I think an example of that might be Intel right now. There haven't really been any major disruptions in the manufacturing process itself. So lots of countries clearly have an interest in owning and controlling parts of the chip supply chain.

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