By: Chris Miller

A few weeks back, when I was in Dallas, I got a chance to meet up with my friend from yesteryears – Rashmi Mathur. She has been an executive at Texas Instruments (TI) for over three decades. We were discussing the state of TI today and, in general, the state of chip manufacturing worldwide. I find her very engaging in conversation.

She encouraged me to read this book. This was a great read if any of you are interested in the science, manufacturing, or geopolitical realities of chip-making.

The ubiquitousness of the humble chip is not readily realised by us. Most everything we use today has some chips in it – from coffee maker to dishwasher to remote to some of the blinking Christmas lights I put on yesterday. Most cars have 1,000 to 3,500 chips in them. Every year, the world produces more than 1.2 trillion chips!! That is like 150 chips per man, woman, and child… every year!!

Some of the more fascinating things I learnt included the fact that TSMC has technology that can create those layers on the chips that are 2 atoms thick! Two atoms!! That is a fraction of what the coronavirus looked like.

The book takes the reader through the history of chip making and how concentrated chip manufacturers and the manufacturers of machinery (such as lithography) used by chip manufacturers are. Sometimes, there is only one or two such manufacturers.

The most absorbing part was understanding the race between China and the USA on the chip front. And how Taiwan is squarely in the middle of all this.

The only disappointing part for me is that the book, while explaining the stranglehold the USA has on certain parts of chip manufacturing (e.g. software for those machines), did not delve into how China has quietly built up a monopoly on the rare earth minerals (or rather the refineries for those minerals) that are required for chip making. And successfully used that recently to shake off some US tariff threats on the chip trading front.

Would certainly recommend this book.