The competition for dominance in the semiconductor industry is increasing as computer chips become more important in the digital economy, especially with advancements in generative artificial intelligence.

The COVID-19 pandemic has shown vulnerabilities in chip production, disrupting technology supply chains and highlighting the strategic importance of these components.

In response, the United States has implemented restrictions to limit China's semiconductor development and strengthen its position as a leader in this critical sector.

The incoming Trump administration is expected to prioritize efforts to enhance American manufacturing and technological capabilities, ensuring that chips remain a central focus in the ongoing geopolitical rivalry among the world's economic superpowers.