Soaring Prices, Empty Lots: Why Is It So Hard To Buy A Car Right Now?

Computer chips are critical components in everything from cell phones to vehicles, and the global shortage has contributed to empty car lots and soaring prices across the U.S. President Biden announced a major expansion of America’s chip production, with Intel planning a new $20 billion factory in Ohio.» Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows. Connect with NBC News Online! NBC News App: https://smart.link/5d0cd9df61b80 Breaking News Alerts: https://link.nbcnews.com/join/5cj/breaking-news-signup?cid=sm_npd_nn_yt_bn-clip_190621 Visit NBCNews.Com: http://nbcnews.to/ReadNBC Find NBC News on Facebook: http://nbcnews.to/LikeNBC Follow NBC News on Twitter: http://nbcnews.to/FollowNBC #Business #Inflation #Economy Soaring Prices, Empty Lots: Why Is It So Hard To Buy A Car Right Now?

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