A Comparative Study on The Development of Chip Industry Between the Two Countries Under the Background of Sino-US Conflict

Since the United States officially launched a trade war against China in 2018, the contradiction between China and the United States has gradually expanded, covering many fields such as science and technology, finance, geopolitics and ideology. On August 9,2022, the then President of the United States signed the "Chip and Science Act" to safeguard the security of the national semiconductor supply chain and promote the return of manufacturing. China's chip industry will be seriously affected in the short term, but in the long run, this will encourage China to accelerate the pace of localization. From the current perspective, there is a huge gap between China and the United States in many aspects, and it is difficult to catch up with or even surpass the United States in the short term.