How UAW strike could quickly cost the economy $5B, especially tech companies

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The United Auto Workers strike won't just disrupt Detroit automakers. Tech companies — chipmakers especially — will also be caught in the crosshairs.

The impact on these companies varies based on a few factors, including the length of the strike and each company's exposure to automakers. The UAW has opted for a

while Texas Instruments derived 25% of its total revenue from the industry, company reports showed. At the same time, TSMC reported that its automotive segment accounted for just 5% of its total revenue. There could be far-ranging effects on the economy broadly — but it will have to be a pretty extreme situation to get there.

 

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Belgique Dernières Nouvelles, Belgique Actualités