We often consider fossil fuels, sunshine, clean water and air as the basic necessities of life. We know that we cannot exist without these basic resources. But there is a fifth resource without which our modern life will simply grind to a halt.
Astoundingly, this resource is controlled by a handful of global companies, and even more astonishing is the fact that there is only one company in the world that can produce a critical part of this resource. What is this resource? It is semiconductors or chips.
At the core of almost every electronic device is either a memory chip or logic chip, or both. I am going to refer to these two, collectively, as