U.S. Commerce Secretary Gina Raimondo says it’s high time for lawmakers to pass legislation that helps end a crippling pandemic-fueled semiconductor shortage that has been going on for a longer than a year.
“It’s a crisis,” Raimondo said of the shortage on Yahoo Finance Live.
Findings from a new Commerce Department survey underscore the extent of that crisis.
The median inventory of semiconductor products highlighted by buyers has fallen from 40 days in 2019 to less than five days in…
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