We rarely think about chips, yet they've created the modern world. The fate of nations has turned on their ability to harness computing power. Globalization as we know it wouldn't exist without the trade in semiconductors and the electronic products they make possible. America's military primacy stems largely from its ability to apply chips to military uses. Asia's tremendous rise over the past half century has been built on a foundation of silicon as its growing economies have come to specialize in fabricating chips and assembling the computers and smartphones that these integrated circuits make possible.
-Chris Miller, Chip War: The Fight for the World's Most Critical Technology