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- Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Manufacturers have seen their stocks of semiconductors plunge amid the global chip shortage, the US Department of Commerce has warned. A survey of more than 150 firms found supplies had fallen from an average of 40 days' worth in 2019 to just five days in late 2021.www.bbc.co.uk/news/business-60135905The automotive industry is running out of chips. The global semiconductor shortage that began in the first quarter of 2021 has halted assembly lines around the world, as the long lead time for the tiny silicon chips has slowed production of everything from smartphones and home appliances to driver-assistance systems.www.mckinsey.com/industries/automotive-and-ass…
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