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Motley Fool Hidden Gems Investing

You Want Chips with That?

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 18 November 2023

⏱️ 23 minutes

🧾️ Download transcript

Summary

Chips – the modern world runs on ‘em. But who are the players that bring these tiny technological wonders into existence?  Chris Miller is a Professor at the Fletcher School of Law and Diplomacy at Tufts University and the author of Chip War: The Fight for the World’s Most Critical Technology. Ricky Mulvey caught up with Miller to discuss: The semiconductor supply chain Intel’s turnaround and new focus on foundries  How TSMC balances secrecy, transparency, and trust when it comes to intellectual property Tickers discussed: TSMC, SSU, NVDA, AAPL, AMD, INTC, ASML Host: Ricky Mulvey Guest: Chris Miller Producer: Mary Long Engineers: Dan Boyd, Tim Sparks Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

There's nothing more complex or expensive when it comes to manufacturing right now, which is why there's only a couple of companies that can afford it and even fewer that can actually undertake these capabilities in a high-volume

0:14.8

manufacturing process.

0:15.8

And the key to making chips is not just

0:17.5

that you're making one transistor that's coronavirus size,

0:21.4

it's that you're making them by the billions, literally by the billions for 50 or 100 dollars,

0:26.2

which is the price of a typical chip in a smartphone.

0:28.6

I'm Mary Long and that's Chris Miller, a professor at the Fletcher School of Law and Diplomacy at Tufts University.

0:38.0

He's also the author of the best-selling book, Chip War, The Fight for the world's most critical technology.

0:43.6

Ricky Mulvey caught up with Miller to discuss the link between semiconductors and the printing press,

0:48.8

what it takes to build a chip the size of the coronavirus,

0:52.0

and the geopolitical implications of the AI arms race.

0:56.0

Chris, I'm really interested in the story of T.S.M.C. Taiwan Semi.

1:02.0

It's one we haven't really told on the show but I think it has to start

1:05.2

at the separation of fabs and chips. Maybe the starting point for that is what Lynn Conway and

1:10.5

Carver Meats saw. Well, before then, almost all chips were designed

1:15.8

and manufactured by the same companies.

1:18.8

But they realized that as chips were getting more complex to design and more complex to manufacture,

1:25.0

that there'd be benefits to splitting these two processes, sort of like how authors

1:29.3

don't write and print books themselves.

1:31.7

Gutenberg figured out how to mechanize printing

1:34.6

and now they're done by different groups.

1:36.9

The same thing happened in chips.

...

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