The World Is Scrambling to Remake Semiconductor Supply Chains

The chip industry is on course to become a $1 trillion business in 2026, confirming its ascent from technology backwater to centerpiece of the world economy.

But as revenue skyrockets and investors pile in, creating some of the world’s most valuable companies, strains are beginning to show. The truly global business of designing and manufacturing electronic components, essential to everything from supercomputers to household electronics, is facing unprecedented demand, and scrutiny. On this episode of Bloomberg Primer, we explain how companies and governments are scrambling to adapt and—for the first time in decades—rethink where chips are made.