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The Continuing Global Chip Shortage's Impact On Automobiles

The Continuing Global Chip Shortage's Impact On Automobiles

FromSchwab Network


The Continuing Global Chip Shortage's Impact On Automobiles

FromSchwab Network

ratings:
Length:
8 minutes
Released:
Aug 30, 2021
Format:
Podcast episode

Description

"Component prices increased up to 40% compared to last quarter," says Richard Barnett. He believes that the chip shortage will last until 2023 at minimum. He also weighs in on the lasting effects of the chip shortage on the automotive industry. However, Tesla and other electric vehicle makers are not as impacted because their volumes are smaller. How will the semiconductor stocks like AMD, LRCX, MU, and NVDA continue to perform?
Released:
Aug 30, 2021
Format:
Podcast episode

Titles in the series (100)

A unique lineup of financial news and education programs, all available to stream without a subscription. Listen to industry experts track market action and interpret how it may apply to your investment portfolio. Get real-time insights, commentary, and exclusive access to CEOs, analysts, and market experts. Empowering Every Investor and Trader. Every Market Day. Produced by TD Ameritrade Media Productions Company, a wholly-owned subsidiary of TD Ameritrade Holding Corporation. TD Ameritrade Holding Corporation is a wholly owned subsidiary of The Charles Schwab Corporation. TD Ameritrade Media Productions Company is not a financial adviser, registered investment advisor, or broker-dealer. THE TD AMERITRADE NETWORK SITE, CONTENT, APPS, AND RELATED SERVICES, ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Japan, Saudi Arabia, UK, and the countries of the European Union. All TD Ameritrade Network content © TD Ameritrade Network. All rights reserved.