The Chip War
The semiconductor industry is increasingly becoming one of the key battlegrounds in global geopolitical competition.
The United States has introduced new extraterritorial restrictions on exports of chips, semiconductors and related technologies to China. In response to growing geopolitical tensions, major manufacturers have begun relocating parts of their production capacity to other countries, particularly across Asia, including Singapore, Malaysia and India.
At the same time, Washington has committed USD 52 billion in funding to support domestic semiconductor manufacturing through the CHIPS and Science Act.
The European Union is pursuing similar ambitions, aiming to increase its share of global semiconductor production from the current 9% to 20% by 2030.
However, the EU’s European Chips Act has prompted debate. While intended to strengthen Europe’s technological sovereignty, some observers argue that it could be perceived as a protectionist measure and potentially contribute to broader trade tensions.
To explore the topic further, read the article by Andrea Noris and Francesca Sanguineti published by ISPI – Italian Institute for International Political Studies: