“Chip War” by Chris Miller

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  • There is only one factory in the world that can fabricate Apple’s newest processors
  • It all comes down to making switches
  • Semiconductors work by limiting electron flow when no field is applied
  • “Chips” are chipped off a large wafer
  • Early chips focused on meeting military needs but took off as prices dropped
  • Sony had a vision for the use of chips
  • Japan had a vision for what was possible with the new chips
  • The French scoffed at the Japanese as “transistor salesmen”
  • “The best weapons are cheap and familiar.”
  • Intel started with a generalized DRAM which helped them for the world with cheap, effective chips
  • The military started Silicone Valley but consumers sustained it
  • The Japanese became known for superior implementation
  • Japanese conglomerates were able to leverage their breadth into cheap loans
  • US firms lobbied hard to get congress to subsidize their research
  • Simplot (of potato fame) jumped into the memory market as it become a commodity
  • Pivoting chip design from a manual, fabrication-centric process to a systematic one, was important to designing with speed
  • The USSR struggled to design and manufacture chips
    • Even when they could, they did not have the US’s global network for mass production
  • Taiwan crafted an industry of printing anyone’s chips, without fear of competition
  • China “woke up” and started changing from “1st machine imported, 2nd machine imported, 3rd machine imported” to “1st machine imported, 2nd machine China built, 3rd machine exported”
  • ASML started growing by investing in new lithography technologies
  • Intel fostered extreme ultraviolet lithography (EUV) but did not want to get into fabrication itself
  • Intel saw mobile devices coming but refused to explore it because the PC business was too good
    • (Being worried about margin seems ridiculous. Instead, growing new businesses is best when the margins are good.)
  • Graphics helped fabless solutions succeed
  • Nvidia developed free software that allowed generalized compute on their chips
  • Qualcomm and Nvidia really benefited from fabless solutions too
  • ASML flexed its Supply Chain Management skills as much as R&D skills
  • EUV is so precise that new techniques were needed, you so not just imprint the pattern
  • Intel did not adopt EUV as quickly as others, leaving them mostly out of the market by the time they picked it up
  • Beam forming directs radio signals only towards your phone helping improve signals in a crowded space
  • Military efforts are leaning ever more into tech
  • The US tried to just “run faster” but that was not adequate for the China strategy
  • Building a single-country chip supply chain is impractical given the level of technical skill it requires
  • The post-COVID chip shortage was not about capacity (we produced more chips than ever) but that previous chip orders were cancelled, losing their “spot” in the production line

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