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30 sats \ 1 reply \ @justin_shocknet 15h \ on: Chip War - Chris Miller BooksAndArticles
That's for sure, everything is ultimately... but I can't help but think the chip war hype is a red herring. Chip war stuff is in the mainstream normie CNBC WSJ narrative, and whenever the normies are onto something it's a good indicator something else entirely is really what's up.
I think anything geopolitical at this point is cover for a currency war, the tariff drama being the latest evidence of such.
Chips aren't constrained meaningfully by any natural resources or labor force unique to a world power. It's literally some IP.
Both China and the US have the resources to meet or exceeded this technology if they really tried to, and if they succeeded it'd be protected by national security laws for years and we wouldn't know about it until it was obsolete. With the TSMC build-out in Arizona, Intel laundering billions via the chip act... it's absurd to think we really care a whole lot about Taiwan proper because of some Dutch intellectual property.
Both China and the US have the resources to meet or exceeded this technology if they really tried to, and if they succeeded it'd be protected by national security laws for years and we wouldn't know about it until it was obsolete.
It looks like the US or Chinese gov cannot compete. The industry invests over $100 billion just on R&D every year. It went from a military project to a mass consumer product. Eventually the military became a small piece of the market. It's not easy to compete when you're far ahead and constantly innovating.
TSMC have factories in both the US and China, but all the most advanced chip making is done in Taiwan. The Taiwanese gov has backed them from the start and is probably the only reason China hasn't taken them yet.
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