Can the United States regain its leading position in chipmaking?

The United States is gearing up to regain its dominance in advanced chipmaking. Washington wants to control where the chips are going by introducing new restrictions that'll affect over 100 countries. Why did the U.S. government do so despite opposition from leading industry players like Nvidia? How may the European Union and China, the two major markets for advanced chips, react? And can the U.S. regain its leading position in chipmaking as Washington hopes for? Host Tu Yun joins William Lee, chief economist with the U.S.-based Milken Institute, Dr. Qu Qiang, a fellow of the Belt and Road Research Center at Minzu University of China, and Dr. Li Lun, assistant professor of economics at Peking University for a close look at the issue on this episode of Chat Lounge.