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Silicon Chips with 7-Nanometer Density/Memristors/Nanotechnology to Create Powerful Semiconductors with Advantages Over Silicon, Business and Industry Trends Analysis

The booming AI sector runs on advanced semiconductors (chips), the faster the better.  This is fueling a global race to design and manufacture state-of-the-art chips.  Demand is growing so quickly that it is reasonable to expect a $1+ trillion global semiconductor market by 2030, roughly double the level of 2023.
This is a highly competitive industry, and China wants a big piece of it.  In 2015, China announced plans to invest $161 billion over 10 years in public and private funds aimed at boosting its domestic capabilities in semiconductor research, development and manufacturing.  Historically, the nation had been nearly totally dependent on foreign chip technologies but has since made great strides in domestic production.  Meanwhile, the U.S. and Taiwan have a compelling lead in global chip manufacturing and engineering.  The time, effort, expertise and investment required to launch a new semiconductor plant are immense.


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