Microchip Tech War
Starting in 2022, and growing ever since, tensions between the US and China dominate the microchip industry. The US is ultimately worried about China's economic power growing representing a stepping stone towards a more dominant Chinese (PLA) military. Aside from economic development, China plans to further benefit off of chips, specifically in the realm of AI, in order to autonomize their military devices. Although China has optimistic plans for the use of microchips in various sectors, as of late 2023, they were not yet able to produce the most advanced semiconductors that power AI. That is why they relied heavily on imports to acquire advanced chips. The measures by the US government that have been highlighted in the news are mainly focused on cutting off the exports to China, in order to indirectly limit their military and economic capabilities. In October of 2022, the Biden administration implemented a wide set of export controls that limite...