![]() ![]() Through this legislation, the government will invest billions of dollars to bring chipmaking back to U.S. In fear of a further chip shortage, Congress passed the CHIPS and Science Act last August… The recent tensions between China and Taiwan have only solidified this point. And we can’t risk getting cut off from them due to a fragile global supply chain. And it’s critical for the government to ensure national security…Īll U.S. It’s important if our country hopes to keep competing for dominance in the global economy. And to put it bluntly, something like that can’t happen again… So it’s no surprise that chips were hard to find when the pandemic closed international borders. And as you’ll see, it’s growing into a huge opportunity for investors…Įast Asia currently controls 75% of the global chip supply. In short, it’s now kick-starting a multibillion-dollar industry inside our borders. With the Power Gauge’s help, I’ll explain today why this move is important… ![]() Now, with the help of federal legislation, the chipmaking process is coming home. These chip shortages provided a big wake-up call for Americans… It forced them to make fewer cars and electronic devices. Without enough chips to go around, companies had no choice. So during the pandemic, global chip shortages wrecked our supply chain. currently relies on other countries to produce most of the needed chips. And roughly three years later, it’s still hard to find certain items (at affordable prices, at least).įor one, semiconductors (or “chips”) are still in short supply… Here in the U.S., we experienced mass shortages in everything from food to cars. The COVID-19 pandemic crippled the global supply chain… ![]()
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