Us Commerce Department Thinks The Global Chip Shortage Isn T Over
The agency published a detailed report on the semiconductor supply chain, covered by The Washington Post and Bloomberg (via Engadget). “We aren’t even close to being out of the woods” with the supply chain issues, Commerce Secretary Gina Raimondo said. While the issue has hit the tech industry en masse, the report claims it has particularly impacted car manufacturers, broadband providers, and medical device producers. Going into more detail, the report claims the median chip inventory for a client company fell from 40 days in 2019 to less than five days in 2021....