On the battle to control the semiconductor industry

Noah Smith in Noahpinion:

The struggle to control the semiconductor industry is one of the most important economic stories in the world today. Whether China can wrest dominance of semiconductors away from the U.S. and its democratic allies, as it has so many other high-tech industries, will go a long way toward determining the military balance of power this century. And the best book you can read to familiarize yourself with the basics of this titanic struggle is Chip War: The Fight for the World’s Most Critical Technology, by Tufts University historian Chris Miller. I reviewed the book here; its place at the top of many lists of the “best books of 2022” was well-deserved. I’m not sure I’ve ever read a book that does such a good job of crafting key events into a tight, readable narrative while also teaching readers key facts about a complex technology.

But what’s even more amazing about Chip War is that the book came out just a few days before the Biden administration launched a sweeping regime of export controls aimed at stifling China’s high-end chip industry.

More here.