Inside a Heist of American Chip Designs, as China Bids for Tech Power
Notes from the ground here. My undergrad was in EE at an "elite" school - I can say definitively that ~50% of the MS/Ph.d. students in EE were from China (with the other 50% largely from India). They TA'd many of the graduate level courses and were the majority of the students taking high level semiconductor design courses that centered on fabrication and nanotechnology.China's short term goal is clearly to reach parity so these students can enter a mature semiconductor industry. Give these students ~5-15 years to gain expertise from the American academic system and industrial research base and I think we'll start seeing China innovate.American expertise will naturally decline because we don't have students studying EE. To many good full-stack jobs that pay ~40% more.