US warns that chip shortage could shut down factories

US warns that chip shortage could shut down factories

2 years ago
Anonymous $dEyjbtEkMr

https://apnews.com/356ad647382e6a3112becece5fdead97

WASHINGTON (AP) — The U.S. supply of computer chips has fallen to alarmingly low levels, raising the prospect of factory shutdowns, the Commerce Department reported Tuesday.

Companies that use semiconductors are down to less than five days of inventory — a sharp drop from 40 days in 2019, according to a department survey of 150 companies. The chips used in the production of automobiles and medical devices are especially scarce.