Commentary The ongoing global chip shortage has highlighted the United States’ dependence on a fragile global supply chain of semiconductor manufacturing concentrated in Asia. Amid this environment, China’s increasingly combative stance against Taiwan—along with its massive domestic investment into chipmaking—is a key risk to the security of America’s chip supply. The worsening global computer chip shortage has been destructive to several industries and hurt consumer pocketbooks. U.S. automakers initially shut production late last year due to chip shortages. But more recently, automakers have resumed production, just without certain “smart” features that require such chips. The domino effect is a lower supply of new cars, which drive up car prices. Japan’s Sony Corp. recently blamed a lack of supply of its PlayStation 5 console on production stoppages due to a shortage of chips. There is also supply constraints seen in other home appliances—all driving up consumer prices—due to the ongoing chip …