Supply-chain disruptions and shortages—for personal protective equipment, ventilators, toilet paper, and other goods—have arisen and receded throughout the pandemic. But the current semiconductor shortage, now expected to persist well into 2022, stands out both for its longevity and consequences. The political and economic impact of the chip shortage has been magnified by the auto sector, where the inability to source chips costing a mere few hundred dollars halts the production of vehicles worth tens of thousands of dollars.
The United States must ensure semiconductor supply-chain resilience—not allocate short supplies (Robert Dohner, Atlantic Council)
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