Dylan Patel: preference

Transcript context

…They're looking at it like, “What's going to cost us the most money?” Then they all constantly say, “If you restrict us, then China will have their own industry. ” The way I like to look at it is that chip manufacturing is like 3D chess or like a massive jigsaw puzzle. If you take away one piece, China can be like, "Oh, that's the piece. Let's put it in." Currently year by year by year, they keep updating export restrictions ever since like 2018 or 2019 when Trump started and now Biden's accelerated them. They haven't just taken a bat to the table and broken it. It's like, “Let's take one jigsaw puzzle piece out. Walk away. Oh shit. Let's take two more out. Oh shit.” You either have to go full “bat to the fricking table/wall” or chill out and let them do whatever they want. Because the alternative is everything is focused on this thing and they make that. Then now when you take out another two pieces they can be like, “Well, I have my domestic industry for this. I can also now make a domestic industry for these.” You go deeper into the tech tree or what have you. It's art in the sense that there are technologies out there that can compensate. The belief that lithography is a linchpin within the system, it's not exactly true. At some point, if you keep pulling a thread, other things will start developing to close that loop. That's why I say it's an art. I don't think you can stop the Chinese semiconductor industry from progressing. That's basically impossible. The Chinese nation, the Chinese government, believes in the primacy of semiconductor manufacturing. They believed it for a long time, but now they really believe it.…

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