Asia’s Chip Giants Hustle to Maintain Their Edge Over the U.S.

News Snapshot:

In a series of articles this week, Wall Street Journal reporters from around the world go inside the escalating global chip battle. At stake: leadership of an industry expected to double in size by the end of the decade to $1 trillion. In early April, South Korean President Yoon Suk Yeol didn’t mince his words when describing why chips are paramount to the country’s economic survival. Most Read from The Wall Street Journal “The competition over semiconductors unfolding now is an industrial war,” Yoon told government and industry officials. “An all-out war between countries.” South Korea has a massive war...