Crude Awakening
Velshi
00:00
Chip Wars - Chip Wars, Chip Wars
The Saudis are trying to signal a desire to have higher oil prices and displeasure with the new regulations that will impose a price cap on Russian oil. Chris, I want to ask you about your new book, Chip Wars, in which you say, quote, semiconductors are the new oil. But if you look at inflation over the last two and a half years, particularly in the last year, chips have more to do with it than oil does.
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