Why Taiwan Has a Lock on the World’s Chip Market

Nearly 90 percent of the advanced semiconductor chips that power the modern world, from high-end smartphones to weapons systems, are made by one company in Taiwan. This monopoly has a profound impact on geopolitics and the global economy. How did we get to this point? And does any other country or company stand a chance at breaking in? To discuss this and much more, FP’s Ravi Agrawal is joined by Chris Miller, the author of Chip War: The Fight for the World’s Most Critical Technology. Suggested reading: Rishi Iyengar: Who Will Make the Chips? Howard W. French: The Risks of the CHIPS Act No One’s Talking About Elisabeth Braw: Taiwan Needs Business Help to Harden Its Economy Against China