Apr 23, 2021 Guest(s): Matt Hayden
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.