A few months ago the MIT SSP has several talks about the chip wars, including having Chis Miller speak. But we're now seeing the results of the chip wars, while many Chinese companies have been hurt, we're seeing how the US's shoot first then wait for the pain to go from the foot to the Brain way of conducting economic war is working. China does not have any EUV machines and the US has spread the embargo to even the more advanced DUV machines. But China has ramped up buying less capable machines and producing huge quantities of mature technology chips. There is a huge glut of mature technology chips in the global market. That plus the US's ban on the most advanced chips sales to China has resulted in > 100,000 workers in the US semi-industry being layed off. Congressman Moulton blurted out that the US should Bomb TSMC to the ground if China invades and TSMC has just announced they will delay opening their Ariz fab from 2024 to 2025. Intel is building the world's largest fab with 20B in investments and told Biden that if US further restricts US chips to China, Intel will have to cancel building that fab. But in a way it's already too late to walk back the chip war. China has reached technology parity with the US/west on memory chips, and hence the ban on Micron. Once China has developed the technology they will be able to mass produce as lower cost than in the US, Japan, even S. Korea. US chip companies will lose the market share/revenue that has pays for R/D that has kept US leading this field for decades. What's happening in chips is also happening in the global effort to de-dollarize. US congressmen think they are so smart in levying sanctions on everyone. They threaten to pass the NOPEC bill and then watch Saudi Arabia petition to join Brics whild cutting oil production to help the Russians.
A few months ago the MIT SSP has several talks about the chip wars, including having Chis Miller speak. But we're now seeing the results of the chip wars, while many Chinese companies have been hurt, we're seeing how the US's shoot first then wait for the pain to go from the foot to the Brain way of conducting economic war is working. China does not have any EUV machines and the US has spread the embargo to even the more advanced DUV machines. But China has ramped up buying less capable machines and producing huge quantities of mature technology chips. There is a huge glut of mature technology chips in the global market. That plus the US's ban on the most advanced chips sales to China has resulted in > 100,000 workers in the US semi-industry being layed off. Congressman Moulton blurted out that the US should Bomb TSMC to the ground if China invades and TSMC has just announced they will delay opening their Ariz fab from 2024 to 2025. Intel is building the world's largest fab with 20B in investments and told Biden that if US further restricts US chips to China, Intel will have to cancel building that fab. But in a way it's already too late to walk back the chip war. China has reached technology parity with the US/west on memory chips, and hence the ban on Micron. Once China has developed the technology they will be able to mass produce as lower cost than in the US, Japan, even S. Korea. US chip companies will lose the market share/revenue that has pays for R/D that has kept US leading this field for decades. What's happening in chips is also happening in the global effort to de-dollarize. US congressmen think they are so smart in levying sanctions on everyone. They threaten to pass the NOPEC bill and then watch Saudi Arabia petition to join Brics whild cutting oil production to help the Russians.