Chip War

The Fight for the World's Most Critical Technology

Chris Miller Simon & Schuster Business & Finance English eBook B09RX4RK6T

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An epic account of the decades-long battle to control the world's most critical resource—microchip technology

Power in the modern world - military, economic, geopolitical - is built on a foundation of computer chips. America has maintained its lead as a superpower because it has dominated advances in computer chips and all the technology that chips have enabled. (Virtually everything runs on chips: cars, phones, the stock market, even the electric grid.) Now that edge is in danger of slipping, undermined by the naïve assumption that globalising the chip industry and letting players in Taiwan, Korea and Europe take over manufacturing serves America's interests. Currently, as Chip War reveals, China, which spends more on chips than any other product, is pouring billions into a chip-building Manhattan Project to catch up to the US.

In Chip War economic historian Chris Miller recounts the fascinating sequence of events that led to the United States perfecting chip design, and how faster chips helped defeat the Soviet Union (by rendering the Russians’ arsenal of precision-guided weapons obsolete). The battle to control this industry will shape our future. China spends more money importing chips than buying oil, and they are China's greatest external vulnerability as they are fundamentally reliant on foreign chips. But with 37 per cent of the global supply of chips being made in Taiwan, within easy range of Chinese missiles, the West's fear is that a solution may be close at hand.

Chris Miller teaches International History at Fletcher School at Tufts University. He is also Jeane Kirkpatrick Visiting Fellow at the American Enterprise Institute and a director at Greenmantle, a macroeconomic and geopolitical consultancy. He is regularly quoted in publications such as the Wall Street Journal and the New York Times, is featured on CNBC and NPR, and writes for publications like Foreign Affairs and Foreign Policy. He is author of three books: Putinomics: Power and Money in Resurgent Russia, The Struggle to Save the Soviet Economy and We Shall Be Masters: Russian Pivots to East Asia from Peter the Great to Putin. He received his PhD and MA from Yale University and his AB in history from Harvard University. For more information, see www.christophermiller.net