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The World Ahead | Business in 2025

New fronts will open up in the chip wars in 2025

Expect more export bans, a supply glut and creative sanctions-dodging

Illustration of the US and Chinese flags made from chips
Illustration: Ricardo Rey

By Shailesh Chitnis, Global business correspondent, The Economist

AdvanceD chipmaking will return to America in 2025, more than a decade after the country lost its edge in semiconductor manufacturing to Taiwan. Ironically it is tsmc, a Taiwanese chip giant, that will lead this comeback by making state-of-the-art chips at its new fabrication plant (or “fab”) in Arizona in the coming year. The American government hopes that chipmakers will produce almost a fifth of all leading-edge chips domestically by 2030.

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This article appeared in the Business section of the print edition of The World Ahead 2025 under the headline “Home-made chips”

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