Lazard’s Post

This report raises critical points about the future of the semiconductor industry. With rising U.S.-China economic tensions, can the U.S. realistically reclaim its semiconductor manufacturing leadership? The CHIPS and Science Act, which allocates $52 billion to boost domestic production, is a bold move, but is it enough to compete with China, especially when companies like SMIC are adeptly navigating the semiconductor embargoes? What’s particularly intriguing is the microeconomic perspective: if major semiconductor companies choose to limit exports of their most advanced chips to a massive market like China, how can they still achieve financial success? This strategy may lead to short-term losses, but perhaps they’re betting on long-term gains in market positioning and securing contracts in allied nations. Meanwhile, countries like India are capitalizing on this shift, with a 180% increase in semiconductor FDI, positioning themselves as viable alternatives to China. This raises important questions: How will U.S. companies adapt to intense competition? Can prioritizing domestic manufacturing effectively counter the growing capabilities of Chinese firms? The future of the semiconductor sector will hinge on strategic innovation and collaboration. I’m excited to see how this unfolds! #Semiconductors #CHIPSAct #USChinaTensions #Geopolitics #Lazard #Innovation #SMIC

Amidst shifting geopolitics following the U.S. election, ongoing trade tensions, and evolving industrial policies, China's position in the global trading ecosystem is changing. Which countries are emerging as viable alternatives, and how will foreign firms and multinational corporations navigate a "China-plus-many" world in this new political landscape? My Lazard Geopolitical Advisory colleagues Ronald Temple, Siddharth Mohandas, and Apratim Gautam discuss where it's headed in Barron's. Read more: https://lnkd.in/eibabfw2

The ability of global companies to stay abreast of geopolitical developments and navigate an environment of shifting trade policies and industrial incentives is becoming not only critical for keeping #supplychains resilient and maintaining access to key markets—it is also emerging as a key source of competitive advantage. In this article, BCG’s Center for Geopolitics explores how nations are increasingly using #trade and economic policies to advance foreign policy goals: https://lnkd.in/gpA8wRXs

Ongoing conflict in the Middle East, together with the war in Ukraine and simmering tensions between the US and China, mean that the geopolitical landscape continues to be precarious.   However, while markets have become jittery over potential escalation, in the long-term global trade and supply chain issues have a greater impact on financial markets.   Read more from Jeremy Sterngold, Deputy Chief Investment Officer, who discusses the impacts of geopolitical risks versus trade frictions on global markets in #TheBrief: https://bit.ly/4b5g3ol

Amidst shifting geopolitics following the U.S. election, ongoing trade tensions, and evolving industrial policies, China's position in the global trading ecosystem is changing. Which countries are emerging as viable alternatives, and how will foreign firms and multinational corporations navigate a "China-plus-many" world in this new political landscape? Lazard's Ronald Temple, Siddharth Mohandas, and Apratim Gautam discuss where it's headed in Barron's. Read more: https://lnkd.in/eVRkeGF9

Amidst shifting geopolitics following the U.S. election, ongoing trade tensions, and evolving industrial policies, China's position in the global trading ecosystem is changing. Which countries are emerging as viable alternatives, and how will foreign firms and multinational corporations navigate a "China-plus-many" world in this new political landscape? Lazard's Ronald Temple, Siddharth Mohandas, and Apratim Gautam discuss where it's headed in Barron's. Read more: https://lnkd.in/dsP42JZT

Amidst shifting geopolitics following the U.S. election, ongoing trade tensions, and evolving industrial policies, China's position in the global trading ecosystem is changing. Which countries are emerging as viable alternatives, and how will foreign firms and multinational corporations navigate a "China-plus-many" world in this new political landscape? Lazard's Ronald Temple, Siddharth Mohandas, and Apratim Gautam discuss where it's headed in Barron's. Read more: https://lnkd.in/d3D8xWk3

The new geopolitical landscape

Amidst shifting geopolitics following the U.S. election, ongoing trade tensions, and evolving industrial policies, China's position in the global trading ecosystem is changing. Which countries are emerging as viable alternatives, and how will foreign firms and multinational corporations navigate a "China-plus-many" world in this new political landscape? Lazard's Ronald Temple, Siddharth Mohandas, and Apratim Gautam discuss where it's headed in Barron's. Read more: https://lnkd.in/dYfrVeB8

Amidst shifting geopolitics following the U.S. election, ongoing trade tensions, and evolving industrial policies, China's position in the global trading ecosystem is changing. Which countries are emerging as viable alternatives, and how will foreign firms and multinational corporations navigate a "China-plus-many" world in this new political landscape? Lazard's Ronald Temple, Siddharth Mohandas, and Apratim Gautam discuss where it's headed in Barron's. Read more: https://lnkd.in/eYbyRKF2