Which Country Makes the Most Advanced Microchips?

A new type of 300 millimeter wafer with semiconductor chips and finished microchips of the semiconductor German manufacturer Bosch is pictured in Dresden, Germany, on May 31, 2021. Jens Schlueter/AFP via Getty Images

Microchips, also known as semiconductors, have become an essential part of everyday technology, and are utilized in almost every electronic device, from smartphones to computers and medical equipment.

In 2020, more than 932 billion chips were manufactured around the world, while in 2021, roughly 1.15 trillion semiconductor units were shipped across the globe.