Business Maverick: Former Google boss Eric Schmidt urges US to prioritise chip security

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The former Google chief says attracting overseas chipmakers to build factories on its on territory should be a matter of national security for the US.

that neither country wants. The two men set out policy recommendations for improving American competitiveness in the chipmaking race so as to avoid a drastic imbalance between the two superpowers.

“If Beijing develops durable advantages across the semiconductor supply chain, it would generate breakthroughs in foundational technologies that the U.S. cannot match,” they wrote. “The U.S. can’t spend its way out of this predicament.

Both Asian companies are constructing fabs in the US, but Schmidt and Allison’s message is that more needs to be done to ensure long-term US prosperity. “America is on the verge of losing the chip competition,” they said, urging that “the U.S. government mobilizes a national effort similar to the one that created the technologies that won World War 2.”

 

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I'm assuming he is not talking about Simba chips are deep friend American cut fries, so I have to wonder; what are the chips for?

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