Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Abu Zaid: I believe that the Iranian operation was multi-layered, combining cyber and electronic attacks with coordinated on-the-ground infiltrations by agents
Abu Zaid: Usually, archives of such sensitivity are typically protected by a full-scale security system, but it appears that Iranian intelligence managed to make use of a gap in it
Strategic military expert Nidal Abu Zaid: Iran has stripped "Israel" of the superiority and deterrence long boasted by its security minister, chief of staff, and other top officials
Fallahpour: Iran may use these documents in its battle with the United States and Western countries over its nuclear program
Fallahpour: Iran may have obtained additional documents related to "Israel's" regional projects, not just its nuclear program
Fallahpour: The coming weeks will be full of surprises, as Iran has forced Israeli intelligence agencies into a state of psychological exhaustion
Al Mayadeen's correspondent in Tehran, Siavash Fallahpour: Iran has redefined the concept of deterrence, shifting it away from traditional military balance toward a new strategic framework
Sources to Al Mayadeen: Number of documents so great that merely studying them, along with accompanying images and footage will require a great deal of time.
Sources to Al Mayadeen: Large data trove was confirmed to have arrived to "safe sites".
Sources to Al Mayadeen: Operation had taken place in past, but large size of documents and need to transfer entire batch inside Iran necessitated secrecy.

US companies have few days supply of semiconductors: US govt

  • By Al Mayadeen Net
  • Source: Agencies
  • 25 Jan 2022 23:31
3 Min Read

Semiconductor shortage will severely affect major US manufacturers of cars and medical equipment, contributing to an even greater rise in inflation.

  • x
  • US companies have few days supply of semiconductors: US govt
    President Joe Biden wants to invest $52 billion in domestic semiconductor research and manufacture

American corporations have an average of fewer than five days' worth of semiconductors on hand, putting them at risk of production shutdowns if supply is disrupted,  the Commerce Department said Tuesday.

The results of a survey of more than 150 businesses conducted in September highlight the precarious situation that US businesses are in as a result of a global shortage of critical computer chips, which has already forced some businesses to cut production and contributed to an ongoing inflation spike.

President Joe Biden wants to invest $52 billion in domestic semiconductor research and manufacturing, but the US House of Representatives is yet to act, despite the Senate's approval of a measure to do so.

His Democratic Party has a slim majority in both chambers. A Democratic aide in the House confirmed to AFP that the chamber's version of the bill would be introduced this week.

"The semiconductor supply chain remains fragile, and it is essential that Congress pass chips funding as soon as possible," Commerce Secretary Gina Raimondo said in a statement.

Related News

German industrial output plunges again by 1.5% in June

German industrial production decreases, concerns about economy rise

"With sky-rocketing demand and full utilization of existing manufacturing facilities, it's clear the only solution to solve this crisis in the long-term is to rebuild our domestic manufacturing capabilities," Raimondo added.

Chip demand is already 20% greater than it was in 2019, according to the survey, and companies forecast more demand than supply for the next six months.

The Commerce Department cautioned that if a COVID-19 outbreak, a natural disaster, or political instability affects a foreign semiconductor facility for even a few weeks, it has the potential to shut down a manufacturing site in the US.

According to the survey, the automotive and medical device industries are the most affected by scarcity. The rise in used car costs last year was aided by disruptions in the auto industry, which helped to push overall consumer prices up 7% in 2021.

The rise in inflation has become a political liability for Biden, and it has prompted the US Federal Reserve to hint that it was ready to raise interest rates from zero as soon as March, and possibly two more times this year in order to cool prices.

The White House has been encouraging American companies to invest in domestic semiconductor facilities, and Biden praised Intel's proposal to spend $20 billion on a new chip manufacturing plant in the United States on Friday.

However, manufacturing at the company's two plants in Ohio, which are located in the Midwest, will not begin until 2025 at the earliest.

  • Industry
  • US
  • semiconductors
  • semiconductor
  • semi
  • US economy

Most Read

Lebanon's PM Nawaf Salam meets with US envoy Morgan Ortagus in Beirut on April 5, 2025 (Dalati Nohra via AP)AP)

Morgan Ortagus to exit US role in Lebanon amid policy shift

  • Politics
  • 1 Jun 2025
A Palestinian woman mourns as she embraces the body of her daughter Mayar Abu Odeh, 8, who was killed in an Israeli army strike on Gaza. at Al-Shifa Hospital in Gaza City, Wednesday, June 4, 2025. (AP)

French port workers block arms shipment to 'Israel' amid Gaza genocide

  • Politics
  • 4 Jun 2025
New Syrian group claims Golan strike, vows resistance to 'Israel'

New Syrian group claims Golan strike, vows resistance to 'Israel'

  • Politics
  • 4 Jun 2025
Palestinians struggle to get donated food at a community kitchen in Khan Younis, southern Gaza Strip, Monday, June 2, 2025. (AP)

Boston Consulting Group withdraws from GHF

  • Palestine
  • 3 Jun 2025

Coverage

All
War on Gaza

Read Next

All
https://english.almayadeen.net/news/politics/pentagon-chief--nato-likely-to-back-trump-s-5--defence-spend
Politics

Europe spent $3 trillion on defense, but got little in return - FT

Power, parties, and scandal: Trump’s ties to Epstein: Telegraph
Europe

Power, parties, and scandal: Trump’s ties to Epstein - The Telegraph

Eilat port as seen from the sea, occupied Palestine, March 12 2009 (wikimedia commons)
Politics

YAF operations forced 80% plunge in Eilat port revenues in 2024

EU backs International Criminal Court after US sanctions judges
Europe

EU backs International Criminal Court after US sanctions judges

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS