The Semiconductor Trade Wars

The Semiconductor industry is projected by McKinsey to reach a trillion dollars by 2030. Figures from the Semiconductor Industry Association show that global industry sales amounted to 574 billion dollars in 2022. But the industry is increasingly at the mercy of the largest geopolitical contest in the world with the United States and China on opposing sides of the trade wars. Is the industry built for the kind of self-sufficiency both the U.S. and China appear to want for themselves? Senior Advisor and Managing Legal Counsel at Intel Corporation, Robb Gordon, joins Rob York, Director for Regional Affairs at the Pacific Forum and Akhil Ramesh, Director of Economic Statecraft Initiative at the Pacific Forum to discuss their research on de-risking semiconductor supply chains and the industry at large. This podcast is produced in partnership with Hinrich Foundation. The AFPC-USA is solely responsible for the content of this podcast episode.