How the U.S. is using supply chain influence to accelerate chip development in China

New US restrictions on exports of chips and related items to China take advantage of US dominance in critical areas of the global semiconductor supply chain and aim to strangle China’s advanced chip development .

The semiconductor industry has long been marked by a highly integrated global supply chain. Over the years, its high research and development costs and intensive capital expenditure have prompted different countries to specialize in different stages of the chip manufacturing process.