This is why countries face such difficulty in achieving semiconductor self sufficiency. boss Craig Barrett called his company’s microprocessors the most complicated devices ever made by man. The more complicated answer is that it takes years to build semiconductor fabrication facilities and billions of dollars-and even then the economics are so brutal that you can lose out if your manufacturing expertise is a fraction behind the competition. “It’s not rocket science-it’s much more difficult,” goes one of the industry’s inside jokes. The simple version is that making chips is incredibly difficult-and getting tougher. There is both a simple answer and a complicated one. The crunch has raised a fundamental question for policymakers, customers and investors: Why can’t we just make more chips? Shortages of semiconductors are battering automakers and tech giants, raising alarm bells from Washington to Brussels to Beijing.
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