Title: The Chip War: Assessing America’s Position Over the Past 5 Years

Okay, so on this show, we tend to start with a very arbitrary, silly question. Uh, so think of a scale of 1 to 10, right? And. And at 1, the U S. Is losing the chip wars, and at 10, the U S. Absolutely crushing it, right? It’s on top. It’s. It’s unassailable. Um, where was the U S. In terms of winning the chip war 5 years ago? And. And where is it now? I think the U S. Is still in a. A relatively strong position, but it’s in a. A worse position than half a decade ago. It was an 8 before. It’s in a. A 6 right now. Because China has been a very effective competitor. But you’ve got to put an asterisk at the end of that, because it’s. It’s not just the US. There’s a supply chain that stretches from the Netherlands to Japan, uh, and most importantly, to Taiwan, where most of the high end ships today are made. So it’s really a question of competition between the existing international supply chain, mostly a western supply chain, and new competitors in China, which are looking to win market share and catch up to them technologically.