Michigan Wedding & Portrait Photographer Danielle Murphy
Description: Covering the latest business news, financial news, and economic news across the world.
Covering the latest business news, financial news, and economic news across the world.
Semiconductors are one of the foundations of any modern economy. They’re used in everything from home appliances to automobiles to weapon systems. During the Covid-19 pandemic, however, they suddenly became very hard to acquire. Production of semiconductor chips is concentrated in Taiwan and South Korea, and disruptions to global supply chains meant U.S. companies faced year-long waits for chips. This past summer, Commerce Secretary Gina Raimondo warned that an inability to access Taiwan’s semiconductors wo
This vulnerability is one example of what we call the new national security economy. This paradigm is defined by four factors: 1) deep connectivity within and between societies, which has yielded benefits like globalization while introducing risks related to interdependence; 2) geopolitical competition between the West and China, in which 3) the primary arena is advanced technologies, such as AI and semiconductors; and 4) the private sector is a primary actor in this fight. Semiconductors are just one of ma
Michigan Wedding & Portrait Photographer Danielle Murphy