Where Have All the Chips Gone?
, just as economies are starting to emerge from the economic crisis of 2020. There are a number of factors behind this shortage, including surging demand and weather fluctuations. Meanwhile, the Chinese government is working hard to build its own homegrown semiconductor sector. BRINK spoke to Jordan Schneider, a senior research analyst at the Rhodium Group, on this demand for microchips. SCHNEIDER: The industry being hit the hardest right now is the auto industry. They did some poor forecasting of car demand, which rebounded much faster than they expected at the end of 2020 and beginning of...