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3 Stocks to Watch: Chip Shortage Impact on Industries
IntelIntel(US:INTC) MarketBeatยท2024-06-11 14:58

Late 2020 marked the onset of a severe global chip shortage, which had far-reaching repercussions throughout the interconnected world economy. The chip shortage stemmed from multiple factors, including pandemic-related disruptions, surging demand for electronics, and pre-existing supply chain vulnerabilities. These factors exposed the critical importance of semiconductors in virtually every industry sector globally.From automotive, manufacturing, and consumer electronics to healthcare and telecommunications ...