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9 sats \ 0 replies \ @OT OP 8h \ parent \ on: Chip War - Chris Miller BooksAndArticles
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.