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Omar Hassan

Chip wars: the cutting edge of imperialism

Marxism 2023

The tensions between the US and China have been steadily escalating under the Trump and Biden administrations. Nowhere is this more evident than in the field of microchips, where the US has been making it increasingly difficult for China to acquire cutting edge equipment and knowhow. This matters because chips are vital to nearly every sector of the economy, from AI and telecommunications through to the military-industrial complex. At the same time, China is the biggest customer for the major US chip firms. This talk explored the implications of these various conflicts and contradictions for the future of the world system.