There’s A Worldwide Shortage Of Semiconductors Hurting Car And Smartphone Companies, Here’s How Investors Can Benefit

A group of analysts discuss how investors can benefit from the worldwide shortage of semiconductors this year by investing in stocks set to flourish from the high demand in chips.... [+]

semiconductor manufacturing enterprise on January 13, 2021 in Lianyungang, Jiangsu Province of China. , a consulting firm, predicts the global auto industry will lose $60.6 billion in revenue this year due to the chip shortage which car makers rely on for a multitude of purposes, including the engine control units , instrument clusters , MEMS accelerometers , as well as infotainment systems, power steering and brakes.

Chips are also critical components in iPhones and personal computers, among many other widely used products, including game consoles and electric vehicles. The semiconductor shortage is rooted in the unusually large demand last year for new personal computers, Smart TVs, laptops, consumer electronics and computer games from millions of customers stuck at home during the pandemic, according to Quint Tatro, chief investment officer at Joule Financial, an investment advisory firm with has $220 million in assets.

In tandem, the pandemic shut down chip production facilities in China and Taiwan [two dominant chip producing nations] which put a big strain on supply., global PC shipments totaled 302.6 million units in 2020, a 13.1% jump over the prior year — the highest annual growth rate since 2010 when the PC market rose by 13.7% .Tatro notes there is no consensus on how long this chip shortage will last. “It could be two quarters, it could be two years,” he says. “No one really knows.

Is there a shortage just in consumer goods, or also in high rel?

semiconductors

we are supplying medical, surgical, FMCG & Solar Products at the least price to any project of companies & Trust's (NGO'S) up to 117 million dollars. If any wants kindly contact in cell:+91-9952887012, email: SSCSIPL18GMAIL.COM Thanks SSCSIPL CEO

$DKNG

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Cramer recommends owning food stocks and names hurt by the chip shortageJim Cramer said investors need exposure to companies impacted by the global chip shortage and stocks benefiting from a rotation into consumer packaged goods. $F I picked up more Ford today and next time it dips down I will buy more ...No brainer easy 75 % gain by the end of the year 🚀🚀🚀
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »