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Title : Is America's Chip Shortage A National Security Threat?
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Is America's Chip Shortage A National Security Threat?

US President Joe Biden has encouraged US firms to expand semiconductor production amid a shortage that has played a role in driving inflation higher  

AFP: US firms have only few days supply of semiconductors: govt 

American companies have an average of less than five days worth of semiconductors on hand, a level leaving them vulnerable to production shutdowns if supply is disrupted, the Commerce Department said Tuesday. 

The findings from a survey of more than 150 firms last September underscore the precarious situation US companies face amid a global shortage of the crucial computer chips, which has already forced some businesses to slash production and contributed to an ongoing spike in inflation. 

President Joe Biden wants to invest $52 billion in domestic semiconductor research and production, but while the US Senate has approved a bill to do so, the House of Representatives has yet to act.  

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WNU Editor: Russia and China are also addressing this "threat" .... The key area where China must now pair up with Russia to defy the US (RT).

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