US is attempting to address the shortage and has called for a massive effort to bolster the domestic chip industry. Bidens proposed $50 billion to build out the chip industry as part of his $2 trillion infrastructure proposal. In doing so, the chip supply chain would be far less complex and able to adjust to market fluctuations much quicker. Currently, the US only produces 12% of worldwide semiconductor manufacturing capacity. Very interesting chart here: zerohedge.com/markets/global-supply-chain-semiconductors-explained-one-chart
Total profit 2020: 5.595 mil.
Total profit 2021 (est): 6.250 mil.
Total debt: 6.300 mil.
Total profit 2020: 5.595 mil.
Total profit 2021 (est): 6.250 mil.
Total debt: 6.300 mil.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.