Ariel Sobelman
All the world’s electronic devices run on microchips: small toys, household electrical appliances, medical equipment, and advanced weapons systems. The global microchip crisis, which has already continued for over two years, highlights the critical importance of these tiny components and their effect on all spheres of life and illuminates the global geostrategic significance of what seemed a gray and mundane technology. Like Middle Eastern oil in previous decades, microchips have become a resource upon which the world depends, and disruption of their supply chain is liable to have destructive consequences for global stability. Given the rivalry between the US and China, this crisis also presents Israel with a strategic opportunity to take a major step forward in the field of microchip technology.
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