How U.S. Supply Chain Sway Throttles China’s Chip Development

The new U.S. restrictions on exports of chips and related items to China leverage American 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 steep research and development costs and intensive capital expenditures have driven different countries to specialize in different steps of the chip-making process.