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Fortune
Fortune
David Meyer

China's production of boring chips is getting exciting

Christophe Fouquet, the new chief executive officer of ASML Holding NV. (Credit: Peter Boer—Bloomberg/Getty Images)

A lot of focus has recently been put on China’s ability to make cutting-edge chips, and for good reason—with the dawn of the AI age, these semiconductors will play a massive role in the geopolitical race to get ahead economically and even militarily. But boring chips matter too.

As Fortune’s Lionel Lim writes today, China will in the coming years continue to make most of the “legacy chips"—using older, cheaper production processes—that power our electric vehicles, household appliances, and so on.

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