Adrienne Elrod on US Reliance on China for Chips: ‘Globalization Is a Reality’

EXCERPT:

ELROD: “You know, globalization is a reality and China's always going to be making some sort of chip. The manufacturing in China is just going to continue to -- continue to happen. But we saw, Mika, during Covid disruptions to the supply chain firsthand. A lot of us witnessed it. You know, you couldn't buy an electric car. You couldn't, you know, buy dishwashing, you know, or -- or -- or kitchen manufacturing appliances. There were so many things that we couldn't buy because of supply chain disruptions.”