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: www.zerohedge.com/ma...-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.