US firms have only few days' supply of semiconductors

WASHINGTON - 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 on Tuesday .

President Joe Biden wants to invest US$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. "The semiconductor supply chain remains fragile, and it is essential that Congress pass chips funding as soon as possible," Commerce Secretary Gina Raimondo said in a statement.

The survey found chip demand is currently 20 per cent higher than its level in 2019 and companies expect more orders than supply for another six months.

straits_times Never mind lah! lunar new year is coming…so take a break…bwa hahaha!!!

So if the Democrats are dragging their feet on being back to all so critical semiconductor industries or at least part of it. You must be wondering whose side they are on conglomerates or the country and it’s people.

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