Chip War

The Financial Times Business Book of the Year, this epic account of the decades-long battle to control one of the world's most critical resources--microchip technology--with the United States and China increasingly in fierce competition is "pulse quickening...a nonfiction thriller" ( The New York Times ). You may be surprised to learn that microchips are the new oil--the scarce resource on which the modern world depends. Today, military, economic, and geopolitical power are built on a foundation of computer chips. Virtually everything --from missiles to microwaves--runs on chips, including cars, smartphones, the stock market, even the electric grid. Until recently, America designed and built the fastest chips and maintained its lead as the #1 superpower, but America's edge is in danger of slipping, undermined by players in Taiwan, Korea, and Europe taking over manufacturing. Now, as Chip War reveals, China, which spends more on chips than any other product, is pouring billions into a chip-building initiative to catch up to the US. At stake is America's military superiority and economic prosperity. Economic historian Chris Miller explains how the semiconductor came to play a critical role in modern life and how the US became dominant in chip design and manufacturing and applied this technology to military systems. America's victory in the Cold War and its global military dominance stems from its ability to harness computing power more effectively than any other power. Until recently, China had been catching up, aligning its chip-building ambitions with military modernization. Here, in this paperback edition of the book, the author has added intriguing new material focused on "America's Chip Comeback," which overviews the global consequences of the just passed CHIPS Act, the new export controls on China, and the effort to rally allies to better guard chip technology. Illuminating, timely, and fascinating, Chip War is "an essential and engrossing landmark study" ( The Times , London).

The Financial Times Business Book of the Year, this epic account of the decades-long battle to control one of the world's most critical resources--microchip technology--with the United States and China increasingly in fierce competition is "pulse quickening...a nonfiction thriller" ( The New York Times ). You may be surprised to learn that microchips are the new oil--the scarce resource on which the modern world depends. Today, military, economic, and geopolitical power are built on a foundation of computer chips. Virtually everything --from missiles to microwaves--runs on chips, including cars, smartphones, the stock market, even the electric grid. Until recently, America designed and built the fastest chips and maintained its lead as the #1 superpower, but America's edge is in danger of slipping, undermined by players in Taiwan, Korea, and Europe taking over manufacturing. Now, as Chip War reveals, China, which spends more on chips than any other product, is pouring billions into a chip-building initiative to catch up to the US. At stake is America's military superiority and economic prosperity. Economic historian Chris Miller explains how the semiconductor came to play a critical role in modern life and how the US became dominant in chip design and manufacturing and applied this technology to military systems. America's victory in the Cold War and its global military dominance stems from its ability to harness computing power more effectively than any other power. Until recently, China had been catching up, aligning its chip-building ambitions with military modernization. Here, in this paperback edition of the book, the author has added intriguing new material focused on "America's Chip Comeback," which overviews the global consequences of the just passed CHIPS Act, the new export controls on China, and the effort to rally allies to better guard chip technology. Illuminating, timely, and fascinating, Chip War is "an essential and engrossing landmark study" ( The Times , London).

***Winner of the Financial Times Business Book of the Year award*** UPDATED EDITION WITH A NEW AFTERWORD 'Pulse quickening. A nonfiction thriller - equal parts The China Syndrome and Mission Impossible ' New York Times 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. 'A riveting history. Features vivid accounts and colourful characters' Financial Times 'Fascinating…A historian by training, Miller walks the reader through decades of semiconductor history – a subject that comes to life thanks to [his] use of colourful anecdotes' Forbes 'Indispensable' Niall Ferguson

***Winner of the Financial Times Business Book of the Year award*** UPDATED EDITION WITH A NEW AFTERWORD 'Pulse quickening. A nonfiction thriller - equal parts The China Syndrome and Mission Impossible ' New York Times 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. 'A riveting history. Features vivid accounts and colourful characters' Financial Times 'Fascinating…A historian by training, Miller walks the reader through decades of semiconductor history – a subject that comes to life thanks to [his] use of colourful anecdotes' Forbes 'Indispensable' Niall Ferguson

The Financial Times Business Book of the Year, this epic account of the decades-long battle to control one of the world's most critical resourcesmicrochip technologywith the United States and China increasingly in fierce competition is ';pulse quickeninga nonfiction thriller' (The New York Times).You may be surprised to learn that microchips are the new oilthe scarce resource on which the modern world depends. Today, military, economic, and geopolitical power are built on a foundation of computer chips. Virtually everythingfrom missiles to microwavesruns on chips, including cars, smartphones, the stock market, even the electric grid. Until recently, America designed and built the fastest chips and maintained its lead as the #1 superpower, but America's edge is in danger of slipping, undermined by players in Taiwan, Korea, and Europe taking over manufacturing. Now, as Chip War reveals, China, which spends more on chips than any other product, is pouring billions into a chip-building initiative to catch up to the US. At stake is America's military superiority and economic prosperity. Economic historian Chris Miller explains how the semiconductor came to play a critical role in modern life and how the US became dominant in chip design and manufacturing and applied this technology to military systems. America's victory in the Cold War and its global military dominance stems from its ability to harness computing power more effectively than any other power. Until recently, China had been catching up, aligning its chip-building ambitions with military modernization. Here, in this paperback edition of the book, the author has added intriguing new material focused on 'America's Chip Comeback,' which overviews the global consequences of the just passed CHIPS Act, the new export controls on China, and the effort to rally allies to better guard chip technology. Illuminating, timely, and fascinating, Chip War is ';an essential and engrossing landmark study' (The Times, London).

The Financial Times Business Book of the Year, this epic account of the decades-long battle to control one of the world's most critical resourcesmicrochip technologywith the United States and China increasingly in fierce competition is ';pulse quickeninga nonfiction thriller' (The New York Times).You may be surprised to learn that microchips are the new oilthe scarce resource on which the modern world depends. Today, military, economic, and geopolitical power are built on a foundation of computer chips. Virtually everythingfrom missiles to microwavesruns on chips, including cars, smartphones, the stock market, even the electric grid. Until recently, America designed and built the fastest chips and maintained its lead as the #1 superpower, but America's edge is in danger of slipping, undermined by players in Taiwan, Korea, and Europe taking over manufacturing. Now, as Chip War reveals, China, which spends more on chips than any other product, is pouring billions into a chip-building initiative to catch up to the US. At stake is America's military superiority and economic prosperity. Economic historian Chris Miller explains how the semiconductor came to play a critical role in modern life and how the US became dominant in chip design and manufacturing and applied this technology to military systems. America's victory in the Cold War and its global military dominance stems from its ability to harness computing power more effectively than any other power. Until recently, China had been catching up, aligning its chip-building ambitions with military modernization. Here, in this paperback edition of the book, the author has added intriguing new material focused on 'America's Chip Comeback,' which overviews the global consequences of the just passed CHIPS Act, the new export controls on China, and the effort to rally allies to better guard chip technology. Illuminating, timely, and fascinating, Chip War is ';an essential and engrossing landmark study' (The Times, London).

***Winner of the 2022 Financial Times Business Book of the Year Award*** ***Selected as one ofBarack Obamas Favourite Books of 2023***Pulse quickening. A nonfiction thriller - equal parts The China Syndromeand Mission ImpossibleNew York TimesAn epic account of the decades-long battle to control the worlds most critical resourcemicrochip 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 nave assumption that globalising the chip industry and letting players in Taiwan, Korea and Europe take over manufacturing serves Americas 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 Chinas 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 Wests fear is that a solution may be close at hand.A riveting history. Features vivid accounts and colourful characters Financial TimesFascinatingA historian by training, Miller walks the reader through decades of semiconductor history a subject that comes to life thanks to [his] use of colorful anecdotes ForbesIndispensable Niall Ferguson

***Winner of the 2022 Financial Times Business Book of the Year Award*** ***Selected as one ofBarack Obamas Favourite Books of 2023***Pulse quickening. A nonfiction thriller - equal parts The China Syndromeand Mission ImpossibleNew York TimesAn epic account of the decades-long battle to control the worlds most critical resourcemicrochip 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 nave assumption that globalising the chip industry and letting players in Taiwan, Korea and Europe take over manufacturing serves Americas 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 Chinas 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 Wests fear is that a solution may be close at hand.A riveting history. Features vivid accounts and colourful characters Financial TimesFascinatingA historian by training, Miller walks the reader through decades of semiconductor history a subject that comes to life thanks to [his] use of colorful anecdotes ForbesIndispensable Niall Ferguson

An epic account of the decades-long battle to control what has emerged as the world's most critical resource--microchip technology--with the United States and China increasingly in conflict. You may be surprised to learn that microchips are the new oil--the scarce resource on which the modern world depends. Today, military, economic, and geopolitical power are built on a foundation of computer chips. Virtually everything-- from missiles to microwaves -- runs on chips, including cars, smartphones, the stock market, even the electric grid. Until recently, America designed and built the fastest chips and maintained its lead as the #1 superpower, but America's edge is in danger of slipping, undermined by players in Taiwan, Korea, and Europe taking over manufacturing. Now, as Chip War reveals, China, which spends more on chips than any other product, is pouring billions into a chip-building initiative to catch up to the US. At stake is America's military superiority and economic prosperity. Economic historian Chris Miller explains how the technology works and why it's so important, recounting the fascinating events that led to the United States perfecting the chip design, and to America's victory in the Cold War by using faster chips to render the Soviet Union's arsenal of precision-guided weapons obsolete. But lately, America has let key components of the chip-building process slip out of its grasp, leading to a worldwide chip shortage and a new war brewing with a superpower adversary that is desperate to bridge the gap. Illuminating, timely, and fascinating, Chip War shows that, to make sense of the current state of politics, economics, and technology, we must first understand the vital role played by chips.

An epic account of the decades-long battle to control what has emerged as the world's most critical resource--microchip technology--with the United States and China increasingly in conflict. You may be surprised to learn that microchips are the new oil--the scarce resource on which the modern world depends. Today, military, economic, and geopolitical power are built on a foundation of computer chips. Virtually everything-- from missiles to microwaves -- runs on chips, including cars, smartphones, the stock market, even the electric grid. Until recently, America designed and built the fastest chips and maintained its lead as the #1 superpower, but America's edge is in danger of slipping, undermined by players in Taiwan, Korea, and Europe taking over manufacturing. Now, as Chip War reveals, China, which spends more on chips than any other product, is pouring billions into a chip-building initiative to catch up to the US. At stake is America's military superiority and economic prosperity. Economic historian Chris Miller explains how the technology works and why it's so important, recounting the fascinating events that led to the United States perfecting the chip design, and to America's victory in the Cold War by using faster chips to render the Soviet Union's arsenal of precision-guided weapons obsolete. But lately, America has let key components of the chip-building process slip out of its grasp, leading to a worldwide chip shortage and a new war brewing with a superpower adversary that is desperate to bridge the gap. Illuminating, timely, and fascinating, Chip War shows that, to make sense of the current state of politics, economics, and technology, we must first understand the vital role played by chips.