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8-bit microcontroller that controls your seat motor, you may not ship your $50,000 automobile because you can t get your 50-cent part. that s what we re talking about. they re ubiquitous and that s only getting more. it s not like society s going to be using less semiconductors. it s getting more, not less. but they re in everything. reporter: he said that it is increasing its investment in expanding manufacturing capacity to upwards of $28 billion. that is doubling. and even with that, we re looking at a big decline in u.s. market share in the chip industry from 37% of the market back in 1990 to an estimated 10% by the end of this decade. that means we re importing more of these chips from places like taiwan, dealing with all of these shipping delays. that s all expensive, and as we keep saying, that could well lead to higher prices. indeed. okay, scott cohn, thank you for the heads-up on that all. so, get excited, everyone,

Seat motorManufacturing capacity8 billion28 billionChip industryMarket backMarket shareShipping delaysScott cohn