What a Taiwan Crisis Means for the Global Chip Race

With the Chinese state showcasing aggressive responses to Nancy Pelosi’s recent Taiwan visit, one begins to wonder whether another Taiwan Straits Crisis is on the horizon. A question to address in case of another crisis is the effect it might have on the global semiconductor and electronics supply chain. With the world slowly recovering from a chip shortage and the industry ramping up supply to pre-pandemic levels, can we afford another supply chain shock to the industry? With Taiwan and China being integral aspects of the global semiconductor ecosystem, how will increased cross-strait tensions affect the industry? If there is eventually a military offensive launched, what will the end result look like for the industry?