Semiconductors are important to the US-China competition for two reasons: (1) chips are ubiquitous in modern products from electric vehicles to internal combustion vehicles to infrastructure, (2) the US has historically dominated semiconductor production but now production has migrated to Taiwan, South Korea, and Southeast Asia, though the US still dominates semiconductor production equipment (Applied Materials, KLA, Lam Research) and EDA design software.

factualpending

Speaker

Dan Wong

Evidence Quote

chips ubiquitous in vehicles and everything...production migrated to Taiwan/SK/SE Asia...US dominates production equipment [1:01:46], [1:02:20]

Source

How China Went From Economic Superstar to Faltering GiantThe Ezra Klein Show
Created: 8/12/2026, 6:44:14 PM

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