Superpowers in global chip war A global technology war is heating up as superpowers funnel billions of dollars into developing the next generation of semiconductors – intensifying a showdown with China for chip supremacy GLOBAL CHIP INVESTMENTS ($ billions) 373.9 Cash pledged 80.7 Already allocated Further loans and tax breaks China 142 U.S. 32.8 39 75 114 S. Korea 55 EU 46.3 Japan 16.7 25.3 Germany 18.3 21.5 Taiwan 16 Spain 12.9 India 7.1 10 Italy 4.6 France 3.1 Netherlands 2.7 UK 1.3 Source: Bloomberg Illustration source: Unsplash © GRAPHIC NEWS