Semiconductor

Radford University’s Zach Collier discusses the state of the semiconductor industry with FreightWaves’ Eric Kulisch after chip shortages roiled the global economy during the pandemic.

Companies stymied by the chip shortage have figured out a way to keep operating while cutting their losses.

“There are significant inventories of already produced vehicles where essential parts are lacking.”

The CHIPS Act aims to subsidize companies that can set up domestic manufacturing plants to create a more resilient supply chain for the future demand of semiconductors.