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The worldwide chip lack could have bigger ramifications than making it a lot more pricey to get a vehicle or waiting longer for the most recent video game console.
Matt Hayden, previous assistant secretary for cyber, infrastructure, threat and also durability of the Department of Homeland describes exactly how it presents a nationwide protection as well as long-term economic hazard, in this interview with Kitco's editor-in -chief Michelle Makori.
Semiconductors as well as computer chips are an integral part of consumer and federal government information technology systems, and also a challenge to the supply chain can develop risks to the very safety and security of our nation, Hayden said.
The crisis also presents a possibility for financiers with the Biden Administration pledging to infuse the semiconductor market with funds.
0:00 – Worldwide chip lack
5:25 – Geopolitical dangers
9:20 – Investment ramifications
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Global chip shortage is national security threat and investment opportunity - former DOH official
The global chip shortage could have larger ramifications than making it more expensive to buy a car or waiting longer for the latest video game console.
Matt Hayden, former assistant secretary for cyber, infrastructure, risk and resilience of the Department of Homeland describes how it poses a national security and long-term economic threat, in this interview with Kitco’s editor-in -chief Michelle Makori.
Semiconductors and computer chips are an integral part of consumer and government information technology systems, and a challenge to the supply chain could create threats to the very security of our nation, Hayden said.
The crisis also presents an opportunity for investors with the Biden Administration pledging to infuse the semiconductor sector with funds.
0:00 - Global chip shortage
5:25 - Geopolitical risks
9:20 - Investment implications
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
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Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
