Books

From “Chip War” by Chris Miller; the impact of a war in Taiwan that damaged TSMC facilities would basically set the global economy back to the Stone Age over night (only somewhat exaggerating):

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I’ve been thinking about exactly this brittleness in chip production: if there is a China-Taiwan conflict and TSMC gets destroyed, how long before we get new iPhones? 3 years? 5 years? 10 years? It might even make sense to buy two identical phones whenever you upgrade in order to have a spare one if one breaks.