Places like Taiwan dominate chipmaking because they value 'high-quality' manufacturing, an ethos that 'doesn't exist in North America'

The supply chain shocks witnessed during the COVID pandemic led governments like the U.S. to ramp up their efforts to reshore manufacturing. Semiconductors, which faced particularly severe bottlenecks , became a top priority as officials promised billions of dollars in subsidies to boost domestic investment.

The rationale was simple: As chips are now an essential part of every modern-day electronic device, increasing domestic chipmaking capacity will result in a more stable supply chain. With AI expanding demand for high-end chips even further, governments are doubling their efforts to build out their domestic chip manufacturing.

But not every chip manufacturing ecosystem is sophisticated enough to make the high-end processors that power many AI applications.

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