Quarterly numbers won't lie like the media does:
A shortage of semiconductors is delaying automotive production by millions of units around the globe, costing auto makers billions in profits—just as demand is surging after the Covid-19 pandemic. But recent commentary from car and chip makers suggests that there might be a light at the end of the tunnel for the industry and for automotive investors.
www.barrons.com
A shortage of semiconductors is delaying automotive production by millions of units around the globe, costing auto makers billions in profits—just as demand is surging after the Covid-19 pandemic. But recent commentary from car and chip makers suggests that there might be a light at the end of the tunnel for the industry and for automotive investors.
The Chip Shortage Could Be on Its Way Out
Companies caught in the middle of the global semiconductor shortage, which is roiling the car business, are starting to see light at the end of the tunnel.
www.barrons.com