A structured, data-driven map of the chip industry — the upstream that builds the tools, the foundries that turn designs into silicon, the demand engine now dominated by AI, and the widening fault line between the United States, its allies, and China. Built from public authoritative data and original reporting from The Information.
Three forces define the cycle: an AI super-cycle pulling logic and memory demand vertical, an extreme concentration of capability in a handful of firms and regions, and a geopolitical re-wiring of the supply chain around export controls and national self-sufficiency drives.
See how a chip travels from raw silicon and a single Dutch lithography monopoly all the way to the AI servers in a hyperscale data center.
Explore the value chain Jump to China deep-dive