How the global semiconductor industry turned into a free-for-all

The global semiconductor industry is getting increasingly crowded as newcomers pour in from all fronts seeking to gain a foothold in advanced chips to power new technologies.

The rise of artificial intelligence (AI) has fueled demand for high-capacity chips as tech companies and device makers race to deliver smarter services and products. The global chip shortage throughout 2021 prompted many of them to rely more on themselves.

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