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Semiconductor is the new Oil. In the future expect the supply, demand and prices to be controlled by whoever controls the raw materials, manufacturing, supply c
by _448 4y ago
Semiconductor is the new Oil. In the future expect the supply, demand and prices to be controlled by whoever controls the raw materials, manufacturing, supply chain and IP. The war bugle was already blown after the pandemic, and the war has started with the west blocking China's access to ASML's technology. And recently Japan's Prime Minister proposed a joint semiconductor development strategy with India, and China and Russia declared their own own strategy.
Hope to see more Oil like use of semiconductor technology for strategic geopolitical purposes. So the supply problem is not going to end, but rather fluctuate, just like oil.
- Mistletoe 4y agoOil has the Petrodollar, what’s the currency for the semiconductors in the future?
- pm90 4y agoSkilled Workers
- _448 4y ago> Oil has the Petrodollar China is pushing to break that link. With Saudi Arabia, Iran, Russia and Venezuela on its side it may very well succeed in that. > what’s the currency for the semiconductors I see a multi-currency world. For semiconductor it won't be currency but access to raw material, supply chain and technology. Two examples of this are the blockage of supply of rare earths metal to Japan by China a few years ago during a diplomatic crisis, and very recently refusal by ASML, due to pressure from the US, to supply semiconductor equipments to China.