Year in a word: Chip choke

(noun) the US campaign to strangle China’s deep-tech ambitions

2022 was the year when the world’s politicians fully woke up to the computer chip industry’s critical importance to the global economy. They also realised how worryingly dependent the major powers have become on the semiconductor hotspot and geopolitical flashpoint that is Taiwan. Governments are now pumping huge sums of money into the industry to reshore chip…