SUNDAY, 18 OCTOBER 2026GLOBAL AFFAIRS · LONDON
Tech

The semiconductor race is also an energy race

Advanced computing depends on electricity, water, materials and specialised supply chains.

Chip strategy is often discussed as manufacturing policy, yet reliable power and permitting may be equally important. Competitive advantage will depend on coordinating all parts of the system.

Why it matters

The significance lies in the connection between immediate events and the institutions that shape long-term outcomes. Decisions taken now will affect public confidence, investment and the room governments have to respond to the next shock.

Leadership is measured not only by the decisions made today, but by the capacity those decisions create for tomorrow.

What to watch

Watch for measurable commitments, implementation dates and independent evidence. Announcements matter, but durable change depends on resources, accountability and whether institutions can adapt when conditions shift.

Source and further readingView the original source ↗

This article is an editorial summary and analysis. It does not reproduce the source report.