CNN BUSINESS | Intel CEO: The best way to fix America’s chip shortage

For almost a year, US companies and consumers have had to navigate a global chip shortage. Even among Covid-19 disruptions, this shortage stands out as uniquely impactful — semiconductors are a critical part of every digital device, powering our phones, cars, hospitals and factory floors.

America’s ability to address the chip shortage is limited. Domestic chipmaking capacity has been declining for decades, as subsidies from other countries continue to drive production elsewhere. Our country’s economic security depends on reliable access to semiconductors — access that requires near-term investment in our capacity and capability to produce more chips.  –read more–