US Semiconductor Manufacturing Expected to Ramp Up With New Deal

A global shortage of semiconductor chips in the automotive industry starting in 2020 has motivated many countries to increase their domestic manufacturing. The United States has allocated more than $50 billion to promote semiconductor production and research stateside as the global need for the chips is expected to double over the next decade. Keith Kocinski has more from New York. Camera: Keith Kocinski and Rendy Wicaksana