The Economics of Chip Manufacturing: Geopolitics and Supply Chains (2025+)
The Economics of Chip Manufacturing: Geopolitics and Supply Chains (2025+) The semiconductor industry is the backbone of the modern digital economy. From smartphones and computers to cars and critical infrastructure, microchips power nearly every aspect of our lives. Understanding the economics of chip manufacturing, particularly in the context of geopolitics and evolving supply chains, is crucial for businesses, policymakers, and anyone keen on comprehending the forces shaping our future. The Core Economics of Chip Manufacturing The chip manufacturing process, also known as fabrication or ‘fab,’ is incredibly complex and capital-intensive. It involves numerous stages, from design and research to manufacturing,