Geopolitical Impact on Semiconductor Industry

The chapter explores the historical shift of chip manufacturing from the US to East Asia, with Taiwan as a leading producer of cutting-edge chips and China specialized in foundational chips. It emphasizes the interconnected nature of the semiconductor supply chain and highlights ASML's role as a monopoly in producing advanced photolithography machines. The chapter delves into China's pursuit of self-sufficiency in chip production and draws parallels between the current US-China economic tensions and the chip race during the Cold War.