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No Democrat wants to be the first to try to push Joe Biden offstage. But if the president decides not to seek reelection, there are plenty of would-be successors waiting in the wings.

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a researcher wearing cleanroom suit displaying a wafer in the lab of Shanghai Microsemi Semiconductor Co., Ltd. in Shanghai, China.

A researcher wearing cleanroom suit displaying a wafer in the lab of Shanghai Microsemi Semiconductor Co., Ltd. in Shanghai, China.

Reuters

When it comes to semiconductor production, there’s just one superpower: Taiwan. The self-governing island produces more than two-thirds of the world’s chips, and almost all of the advanced ones.

But with Taiwan’s geopolitical fate uncertain, both Washington and Beijing are racing to build their own dominance and self-sufficiency in the chip industry.

To learn more about where this battle is heading, we sat down with Eurasia Group geo-technology expert Xiaomeng Lu. The interview has been edited for length and clarity.

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If not Biden …

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Live digital event | Time for nature: Turning biodiversity risk into opportunity | Wed, Dec 14 | 8 am EST

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