Chip Shortage Leaves U.S. Companies Dangerously Low on Semiconductors, Report Says

  • 📰 WSJ
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

U.S. companies that use semiconductors are down to less than five days of inventory for key chips, according to a new Commerce Department report WSJWhatsNow

WASHINGTON—U.S. manufacturers and other companies that use semiconductors are down to less than five days of inventory for key chips, the Commerce Department said Tuesday, citing the results of a new survey.

In 2019, companies typically maintained 40 days of inventory for key chips, according to the Commerce Department report. Now for the same chips—defined as 160 products that companies identified as being the most challenging to acquire—companies are operating with fewer than five days of inventory, the report said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

So much for their brilliance in sourcing. How is it that Tesla and Apple don’t have any problem and they both utilize more than a bit in each of their products.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Global Chip Shortage Looms Over Bitcoin Mining Industry, ASIC Supply Tightens – Mining Bitcoin NewsThe shortfall of the semiconductor supply worldwide has disrupted major industries, and manufacturers like TSMC have seen stocks sink in value. BitcoinMining BabyDogeCoin And we keep on investing, for the future, take risk Ask me how BabyDogeCoin babydogemedia Babydoge 2022🚀🚀🚀🚀
Source: BTCTN - 🏆 531. / 51 Read more »