12-07-2023 08:00 via thenextweb.com

Chip wars: The escalating battle between EU, US, and China for tech supremacy

Semiconductor chips have emerged as the hottest commodity in the global race for technological supremacy. That’s because they constitute a fundamental component of electronic devices, critical for advances in a vast array of industries: from telecoms, AI, and computing, to healthcare, clean energy, and military applications. Historically, the EU and the US have relied heavily on East Asian countries for chip imports and supply of the necessary chipmaking materials. But following the invas
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