Worsening chip woes to cost automakers $210B in sales
The cost of the intractable semiconductor shortage has ballooned by more than 90%, pushing the total hit to 2021 revenue ...
Tag: semiconductor chip
Auto forecaster slashes outlook by most since chip woes emerged
A forecaster whose production projections are cited by automakers, suppliers and research analysts the world over just took its biggest ...
Factory output in U.S. rises less than forecast, dented by Ida
Production at U.S. factories rose less than expected in August as Hurricane Ida compounded an ongoing struggle among manufacturers with ...
BMW’s chip shortage view darkens in contrast with Stellantis
BMW AG warned of uncertain months ahead as the global chip shortage worsens, staying cautious as Stellantis NV surprised with ...
Tesla gains as first $1 billion quarter adds earnings momentum
Tesla Inc. reported better-than-expected earnings as record sales of its electric vehicles fattened margins and carried the company to a ...
TSMC raises sales outlook, affirming global chip kingpin role
Taiwan Semiconductor Manufacturing Co. expects sales to rise more than 20% in 2021, affirming its crucial role in helping alleviate ...
