Global Chip Shortage Underscores Need to Diversify US Supply Chain

Global Chip Shortage Underscores Need to Diversify US Supply Chain
An employee works at a factory of Jiejie Semiconductor Company in Nantong, China, on March 17, 2021. STR/AFP via Getty Images
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Commentary

The continuing global semiconductor shortage has highlighted the United States’ dependence on a fragile global supply chain of chip manufacturing that’s concentrated in Asia.

Fan Yu
Fan Yu
Author
Fan Yu is an expert in finance and economics and has contributed analyses on China's economy since 2015.
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