India, April 15 -- Geopolitical tensions and escalating trade restrictions are reshaping semiconductor supply chains, with far-reaching impacts for artificial intelligence chip innovation, the global economy, national security, and scientific progress. Many of these high-tech processes and materials rely on a handful of suppliers, whose dominance in key regions has prompted governments to impose trade barriers to protect strategic interests and reduce dependency.

Making the world's most advanced chips for next-generation AI systems and high-performance computing data centers has, for a long time, meant navigating fragile supply chains, but the stakes are much higher now.

Deloitte expects that, by 2026, semiconductor technologies, includ...