***Winner of the Financial Times Business Book of the Year award*** ***Selected as one of
Barack Obama' s Favourite Books of 2023*** ' Pulse quickening. A nonfiction thriller -
equal parts The China Syndrome and Mission Impossible ' New York Times An epic
account of the decades-long battle to control the world' s most critical resource—microchip
technology Power in the modern world - military economic geopolitical - is built on a
foundation of computer chips. America has maintained its lead as a superpower because it has
dominated advances in computer chips and all the technology that chips have enabled. (Virtually
everything runs on chips: cars phones the stock market even the electric grid.) Now that
edge is in danger of slipping undermined by the naïve assumption that globalising the chip
industry and letting players in Taiwan Korea and Europe take over manufacturing serves
America' s interests. Currently as Chip War reveals China which spends more on chips than
any other product is pouring billions into a chip-building Manhattan Project to catch up to
the US. In Chip War economic historian Chris Miller recounts the fascinating sequence of
events that led to the United States perfecting chip design and how faster chips helped defeat
the Soviet Union (by rendering the Russians’ arsenal of precision-guided weapons obsolete). The
battle to control this industry will shape our future. China spends more money importing chips
than buying oil and they are China' s greatest external vulnerability as they are
fundamentally reliant on foreign chips. But with 37 per cent of the global supply of chips
being made in Taiwan within easy range of Chinese missiles the West' s fear is that a
solution may be close at hand. ' A riveting history. Features vivid accounts and
colourful characters' Financial Times ' Fascinating…A historian by training Miller
walks the reader through decades of semiconductor history – a subject that comes to life thanks
to [his] use of colorful anecdotes' Forbes ' Indispensable' Niall Ferguson
