President Biden has plans to address many long-standing issues, such as climate change, wealth inequality, unaffordable health care, and housing shortages. But he’s been unable to address a problem that is holding back the U.S. economy in real-time, right now: the global shortage of semiconductors, key processors in thousands of consumer and industrial products.
A variety of factors conspired with the coronavirus pandemic to create more demand for semiconductors than manufacturers can meet….
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