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The Fox News Rundown

Evening Edition: Microchip Shortage Still Affecting Products And Politics

The Fox News Rundown

FOX News Podcasts

Daily News, News, Politics

3.41.7K Ratings

🗓️ 2 January 2023

⏱️ 13 minutes

🧾️ Download transcript

Summary

All modern telecommunications and computing rely on one very important piece of technology: the silicon microchip. The COVID pandemic created a microchip manufacturing shortage that the world is still getting over and a recent semiconductor policy put into place by the United States is drawing international attention. FOX's Eben Brown speaks with Chris Miller, author of 'Chip Wars: The Fight For The World's Most Critical Technology', about the importance of this very important resource and it's affect on geopolitics. Click Here To Follow 'The FOX News Rundown: Evening Edition' Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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or up. I'm Brett there. I'm Maria Bartorummel. I'm Brian Kilmeade and this is The Fox News

0:35.0

Run Down. Monday, January 2nd, 2023. I'm Evan Brown. Everything we have relies on a microchip,

0:47.5

but we don't build our own. We rely on mainly China and that puts us at a major economic

0:53.4

and security disadvantage. If there was an emergency in Taiwan and an earthquake for example

0:58.9

or a war, we have new access to chips without which smartphone, PC, data centers, telecoms

1:05.9

and infrastructure, none of it could function. This is The Fox News Run Down Evening Edition.

1:12.6

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1:47.2

Call them microchips or integrated circuits or more so often semi-conductors. The little

1:52.7

things are the brains and backbones of modern electronics which control how products work

1:57.8

from your phone to your car to the city bus to the EKG machine at the hospital to strategic

2:04.3

devices in our national defense arsenal. We're not the only ones any world power or even

2:09.3

middle economy relies on semi-conductors, but now there is a fight to procure them and

...

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