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US-China chip war and the end of globalization
I am a blockchain content writer and developer  Jan 11, 2023
US-China chip war and the end of globalization
Geopolitical tensions between the US and China spilled into the semiconductor sector in 2022,  as the administration of US President Biden in December issued new export controls that block US companies from selling advanced semiconductors—as well as equipment used to make them—to certain Chinese manufacturers, and then in December expanded those restrictions. Industry insiders said that the restrictions were a signal that the era of ever-increasing globalization is over, and lamented that the restrictions would wreak havoc on the supply chain for all sorts of products—from computers to electronic vehicles— built on chip technology, catching enterprises of all sorts in the cross-fire between the two global superpowers.

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