You Want Chips with That?
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 18 November 2023
⏱️ 23 minutes
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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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