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Government Warns Microchip Shortage Could Drive Up Prices

Government Warns Microchip Shortage Could Drive Up Prices

The Commerce Department reports many U.S. companies had just a five-day supply of critical microchips last year, down from a typical 40-day supply. As China tries to contain omicron, manufacturing hubs and ports are slowing down, which could result in even higher prices in the U.S. » Subscribe to NBC News: » Watch more NBC video: NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features,,, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows. Connect with NBC News Online! NBC News App: Breaking News Alerts: Visit NBCNews.Com: Find NBC News on Facebook: Follow NBC News on Twitter: #Microchips #China #Shipping

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